A Multinational Corporation can be defined as a firm which ___________

(a)

is beyond the control of any government

(b)

is one of the top 200 firms in the world

(c)

owns companies in more than one country

(d)

All the above

Centralised control in MNC's implies control exercised by

(a)

Branches

(b)

Subsidiaries

(c)

Headquarters

(d)

Parliament

Enterprises operating in several countries but managed from one country is termed as______.

(a)

Government company

(b)

Multinational company

(c)

Private company

(d)

Joint Venture

_____is a market condition where there are very few sellers in the same product line.

(a)

Oligopoly

(b)

Monopoly

(c)

Market condition

(d)

Perfect competition

Domestic industries cannot face challenges posted by -----------

(a)

Government Company

(b)

MNCs

(c)

Joint Venture

(d)

Public Company

A multinational company is also known as -------------

(a)

Global giant

(b)

Partnership

(c)

Co-operative

(d)

Public Corporation

_____________ set up their facilities in low cost countries and produce goods, services at lower cost.

(a)

Partnership

(b)

Joint stock company

(c)

Multinational company

(d)

Co-operatives

Transference of techincal development from one country to another country is possible because of ______________ .

(a)

Partnership

(b)

Joint Hindu family

(c)

Multinational company

(d)

Sole trade

MNC is otherwise called as ........................

(a)

Public corporation

(b)

Co-operative society

(c)

Transnational corporation

(d)

None of these

Examples of foreign MNC is ...............

(a)

L & T

(b)

TATA

(c)

Colgate Palmolive

(d)

Hero