Question

ABC Company, which is headquartered in the United States, has production plants in Mexico and Vietnam. According to this information, ABC company is Select one: A. a local company. B. a multinational enterprise. C. engaging in the globalization of markets. D. against globalization. E. engaging in international trade. Previous page

Answer 1

According to the given information, ABC company is a multinational enterprise.

Explanation:

• As we know that any country that extends its operations beyond the domestic boundaries of the country of its origin, it is deemed as a multinational organization.
• It is clear from the information given that ABC company operates through various branches that are based in different countries.
• These branches being outside the domestic boundary of the country of origin of the ABC company, it automatically becomes a multinational enterprise.