Commercial organization that owns and controls business activities in two or more countries outside its home country is a:
ALocal Partnership
BMultinational Corporation (MNC)
CDomestic Enterprise
DState-Owned Enterprise
Explanation
* A Multinational Corporation (MNC) or enterprise manages operations and production facilities across multiple countries.
* MNCs capitalize on global economies of scale, resource optimization, and global brand equity.
* They manage international foreign direct investments (FDI) and currency risk factors.
Exam Relevance
- Topic: Global Marketing
- Subtopic: International Business

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