Which of the following is the basic difference between multinational corporations and transnational corporations?
A.
Multinational corporations typically do business with more countries than transnational corporations.
B.
Transnational corporations are run by the parent company but must be owned by a local, national company.
C.
Decision-making in transnational corporations takes place locally rather than from the home country.
D.
Multinational corporations pay more in taxes than transnational corporations.
E.
There is basically no difference between the two forms of business.