Question

Most of the world’s businesses are: Sole traders MNEs TNCs SMEs

Most of the world’s businesses are:

Sole traders

MNEs

TNCs

SMEs

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Answer #1
An MNE is a multinational enterprise. An MNE does not have coordinated product offerings in different countries.
The MNE adapts the product and service to each individual local market.
Examples of MNE's are Mcdonalds and Procter & Gamble.
A TNC is a transnational corporation. A TNC has a central corporate facility, but gives decision making
R&D and marketing powers to each individual foreign market.
Examples of TNC's are Deloitte and Glaxo Smith-Klein.
An SME is a small to medium enterprise.
Most of the worlds businesses are:
TNC's.
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