Read the given below two statements and mark the correct answer.

Assertion (A): Global enterprises are huge industrial organisations which extend their industrial and marketing operations through a network of their branches in one country.
Reason (R) : Global enterprises operate in several areas producing multiple products with their business strategy extending over a number of countries.

Assertion (A) is false but Reason (R) is true

The correct answer is option 4- Assertion (A) is false but Reason (R) is true.

Assertion (A): Global enterprises are huge industrial organisations which extend their industrial and marketing operations through a network of their branches in one country. This statement is not correct as global enterprise operate in many countries not one country.
Reason (R) : Global enterprises operate in several areas producing multiple products with their business strategy extending over a number of countries. This statement is correct.

** MNCs have played an important role in the Indian economy. They have become a common feature of most developing economies in the world. MNCs as is evident from what we see around us, are gigantic corporations which have their operations in a number of countries. They are characterised by their huge size, large number of products, advanced technology, marketing strategies and network of operations all over the world. Global enterprises thus are huge industrial organisations which extend their industrial and marketing operations through a network of their branches in several countries. These enterprises operate in several areas producing multiple products with their business strategy extending over a number of countries. They do not aim at maximising profits from one or two products but instead spread their branches all over.