What is a Multinational Corporation and what are its characteristics?

Here are the answers to the multiple-choice questions: PART A: MULTIPLE CHOICE. Q1: What is Multinational Corporation? A. A company that has a business operation and office in its own country. B. A company that has a business operation and its main office in another country. C. A company that has a business operation in other country other than its own. D. A company that does not operate in any other country other than its own country. The best answer is C, as a multinational corporation operates in at least one country other than its home country. Answer: C Q2: Which is NOT a characteristic of a Multinational Corporation? A. Pay taxes in countries in which it operates. B. Direct investment in foreign countries. C. Business conducted in various languages. D. Accused of positive and negative impacts on economic growth. Option D describes an effect or consequence of an MNC's operations, not a defining characteristic of what an MNC is. Answer: D Q3: Which of the following statement below represents Multinational Corporation 'Main Organisational Type'? A. A Transnational Corporation. B. A Centralise National Corporation. C. A National Division within a Corporation. D. All of the above. A Transnational Corporation (TNC) is a specific and often considered advanced type of Multinational Corporation, characterized by decentralized decision-making and global integration. Answer: A Q4: What is Transnational Corporation? A. A company that has a business operation and office in its own country. B. A company that has a business operation globally and have its own management. C. A company that has a business operation in other country other than its own country. D. A company that does not operate in any other country other than its own country. A Transnational Corporation operates globally with decentralized management, meaning decision-making is distributed among its various international offices. Answer: B Q5: Multinational Corporation generates how many percentages of its revenue overseas? A. 20% B. 30% C. 25% D. 35% While the exact percentage varies greatly among MNCs, a significant portion of revenue often comes from overseas operations. 30% is a plausible figure representing a substantial international presence. Answer: B Q6: The history of Multinational Company is linked with the history of ____. A. Imperialism B. Provincialism C. Communism D. Colonialism Early forms of multinational corporations, such as trading companies, were closely tied to the expansion and economic exploitation characteristic of colonialism. Answer: D Q7: The association of workers in a particular trade is known as; A. Tradesman B. Tribesman C. Labour Union. D. Trade association A Labour Union (also known as a Trade Union) is an organization of workers formed to protect and advance their interests. Answer: C Q8: What leads to 'Economic Diversification' for an increase income inflow for the government and reduce dependence? A. Industries B. Agriculture C. Mining D. Trade Union. Economic diversification involves expanding into various sectors or industries to reduce reliance on a single one, thereby increasing income stability and reducing dependence. Answer: A Q9: State one 'advantage of Online Social Networks' A. Promote trade and business. B. Spread bad influence. C. Makes people lazy. D. Cyber bullying. Online social networks provide platforms for businesses to market products, engage with customers, and facilitate trade. Answer: A Q10: State one 'disadvantage of 'Global Culture' in PNG. A. Cyber bullying. B. Bad influence. C. Make money. D. PNG culture dying. A significant concern with the spread of global culture is the potential erosion or loss of unique local traditions, languages, and customs. Answer: D That's 2 down. 3 left today — send the next one.