Question

Which of the following is not a feature of a global enterprise (a) These enterprises possess technological superiority in their methods of production (b)Their operations and activities are confined to the physical boundaries of their countries (c) These enterprises are characterized by possessing huge financial resources (d)None of the above
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Answer 1

Explanation:

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Answer 2

The feature which is incorrect in context to the global enterprise is OPTION (b): Their operations and activities are confined to the physical boundaries of their countries.

• The term "global enterprise" refers to businesses and multinational corporations that are not confined by national borders.
• They open branches in a variety of other nations throughout the world in order to expand access to their services while also earning foreign currency.
• They also have high-quality technological advantages as a result of government and third-party backing.
• They also have significant financial resources because of governmental assistance since they deliver high-quality products and services in various parts of the world, earning consumer satisfaction and great market demand.
• Therefore, option b is inaccurate, as they are not constrained by physical boundaries.