Which of the following statements about multinational corporations (MNCs) is true? a. Most MNCs use licensing or franchising rather than opening up wholly owned subsidiaries in different countries. b. MNCs are characterized by a global strategy of focusing on opportunities throughout the world. c. MNCs are inherently unethical and always do harm in the countries in which they operate. d. MNCs operate on a global scale with strong ties to the nation in which they were founded. e. Because of their power, MNCs usually increase the standard of living within the countries in which they operate.

b. MNCs are characterized by a global strategy of focusing on opportunities throughout the world.

Explanation:

A multinational corporation is a company that has business activities in more than one country other than the home country.

These companies operate worldwide and hence also known as global enterprises. The activities are controlled and operated by the parent company worldwide. They tap into the waiting market for them in other countries to launch their company

concurrent jurisdiction is the ability to exercise judicial review by different courts at the same time, within the same territory, and over the same subject matter. for instance, a domestic violence matter may be heard in either a general civil court or a family court in the same county. whichever court actually exercises its jurisdiction first will do so exclusively.