Final answer:
A transnational corporation (TNC) is a business entity that operates in multiple countries, conducts business globally, and can exert considerable influence in the countries where it operates. The correct definition of a TNC is not a company with a fixed headquarters and no international presence.
Step-by-step explanation:
A transnational corporation (TNC), also known as a multinational corporation (MNC) or multinational enterprise (MNE), is a type of business entity that operates in multiple countries. The main characteristics of MNCs include their international presence where they control production, provide services across borders, and play a significant role in the global economy. These corporations gather a large share of their capital from various nations and conduct their business globally, without the hindrance of national borders. They may exert considerable economic and political influence in the countries they operate, including influencing local laws to be favorable for their businesses.
An MNC is often a conglomerate with diverse products and services under its umbrella, like the Ford Motor Company, which manufactures a variety of items worldwide. However, one characteristic that does not define MNCs is that they are headquartered primarily in the United States; rather, MNCs can be based in any country.
The correct answer to the given question is d) A company with a fixed headquarters and no international presence, as this does not describe a TNC. Instead, TNCs are notably known for their operations in multiple countries.