NCERT · Class 11 · Business Studies · Private, Public and Global EnterprisesGlobal enterprises are also known by which of the following terms?
Step-by-Step Solution
Global enterprises, also known as Multinational Corporations (MNCs), are massive industrial organizations that extend their industrial and marketing operations through a network of branches in several countries.
Detailed Options Breakdown
Option : Public Enterprises
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 1: Statutory Corporations
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
Option 2: Multinational Corporations (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 3: Departmental Undertakings
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Private, Public and Global Enterprises.
💡 Study Guide: This question tests core syllabus concepts from Private, Public and Global Enterprises. For formulas, key summaries, and mock exam reference guides, read the full Private, Public and Global Enterprises Revision Notes.