question archive Which of the following is NOT a criterion to use in determining whether an industrial firm is a multinational corporation? Group of answer choices by the extent of international portfolio investments by the extent of direct foreign investments by the geographic location of its production or operating facilities percentage of foreign sales percentage of foreign profits
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Which of the following is NOT a criterion to use in determining whether an industrial firm is a multinational corporation?
Group of answer choices
by the extent of international portfolio investments
by the extent of direct foreign investments
by the geographic location of its production or operating facilities
percentage of foreign sales
percentage of foreign profits
Correct answer: by the extent of direct foreign investments
Step-by-step explanation
Extent of direct foreign investments is not a criterion to use in determining whether an industrial firm is a multinational corporation. A domestic firm can get lots of direct foreign investments. High direct foreign investments does not entitle a firm as multinational corporation.
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