Question

Multinational enterprises (MNEs) are firms, both for profit companies and not-for-profit organizations, that have operations in more than one country, and conduct their business through foreign subsidiaries, branches, or joint ventures with host country firms. True or false?

Answer 1

True

Step-by-step explanation:

As we know, the word national is used for representing single nationality of any person, individual or an enterprise.

When we use the word multinational it represents the companies having their branches and operational offices, not only in one nation, but in multiple nations.

For this organizations prefer, subsidiaries joint venture investments, or simply branches.

Therefore, the statement is:

True