Silver Fire Electric Inc., a U. S.-based company, has productive activities in more than two countries. As a result, it would be most appropriate to refer to Silver Fire Electric as what type of enterprise?

Question

Business

Amanda Parks

5 December, 03:16

Silver Fire Electric Inc., a U. S.-based company, has productive activities in more than two countries. As a result, it would be most appropriate to refer to Silver Fire Electric as what type of enterprise?

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Answers (1)

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Janelle Cabrera · Answer 1

multinational enterprise (MNE)

Explanation:

A multinational enterprise (AKA multinational corporation or transnational corporation) is a corporation that operates in two or more countries.

There are approximately 77,000 MNEs currently operating in the world. The 100 largest MNEs operate on average on 40 different countries and 25 are American MNE, 53 are European, 7 are Japanese. The remaining 15 are based on a whole variety of countries (South Korea, Taiwan, China, Malaysia, Cayman Is., Mexico, etc.).

Coca Cola Company is the MNE that operates in the most countries, it operates in all the world except in Cuba and North Korea.