Public, Private and Global Enterprises · Class 11 · CBSE · Commerce Business Studies
Which of the following features is not typically associated with Global Enterprises (Multinational Corporations)?
Practice question from Public, Private and Global Enterprises (Class 11 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
medium · MCQ · Q-E002CE
Which of the following features is not typically associated with Global Enterprises (Multinational Corporations)?
- A.Huge capital resources
- B.Centralized control from the home country
- C.Operations restricted to a single domestic marketCorrect answer
- D.Advanced technology and professional management
Solution
Global enterprises or Multinational Corporations (MNCs) are characterized by their vast operations spanning multiple countries, not a single domestic market.
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