What is a characteristic of multinational companies?

Multinational companies are defined by their ability to operate in multiple countries, which is a key characteristic that distinguishes them from domestic companies that confine their operations to their home country. This global presence allows them to leverage diverse markets, access resources, and expand their customer base beyond national borders. By having operations in more than one country, these companies can adapt to different economic conditions, cultural preferences, and competitive landscapes.

The other options do not accurately reflect the nature of multinational companies. For instance, the assertion that they only operate in their home country contradicts the definition, while the idea that they are always privately owned is misleading, as many multinational companies are publicly traded. Additionally, the claim that they avoid employing local staff is inaccurate; in fact, many multinationals often hire local employees to enhance their operations and integrate into the local market. Thus, the characteristic of having operations in more than one country is essential to understanding the global nature and strategic advantages of multinational corporations.