Jamieson Brothers, Inc. reported that it owns and operates 189 companies worldwide with 13% of its sales coming from Europe, 38% from Asia, 36% from the U.S., and 13% from other parts of the world. Clearly, Jamieson Brothers is _____.(A) A multinational cooperation(B) A sovereign wealth fund(C) An expropriated organization(D) A foreign subsidiary

Question

01-04-2020
Business

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Jamieson Brothers, Inc. reported that it owns and operates 189 companies worldwide with 13% of its sales coming from Europe, 38% from Asia, 36% from the U.S., and 13% from other parts of the world. Clearly, Jamieson Brothers is _____.(A) A multinational cooperation(B) A sovereign wealth fund(C) An expropriated organization(D) A foreign subsidiary

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topeadeniran2 topeadeniran2 · Answer 1 · 2020-04-05T04:07:01+02:00

Answer: Multinational corporations

Explanation:

A multinational corporation is a large firm that sells goods and provide services in it's home country as well as selling such goods and providing the services in other parts of the world.

Multinational corporations are very large firms and as a result, they enjoy economies of scale and huge profits. Examples of multinational corporations are McDonald's, Toyota, Deloitte etc.

Multinational corporations operates in different countries and provide employment opportunities to the countries they're situated and may also bring about economic growth in such countries.