Question

What is an organization that builds facilities in a number of different countries in an effort to minimize production and distribution costs?

a) Local enterprise
b) Global conglomerate
c) International franchise
d) Multinational corporation

Answer 1

A multinational corporation (MNC) is an organization that builds facilities in different countries to reduce costs. Ford Motor Company is an example of a conglomerate that operates globally and produces various products like tools, radios, and automobiles.

Step-by-step explanation:

A multinational corporation (MNC) is an organization that builds facilities in a number of different countries in an effort to minimize production and distribution costs. MNCs are conglomerates that produce or manufacture various products or services. For example, Ford Motor Company has companies around the world that produce tools, radios, and automobiles. This strategy allows MNCs to take advantage of lower costs of labor or resources in different countries, resulting in cost savings.