Answer:
True
Explanation:
A multinational company is a company that operates internationally,by internationally I mean it operates in many countries of the world,whereby business downside in one country is counterbalanced with upside elsewhere.
Electricity City operates businesses in more than seven countries of the world in diversified business sector,hence no doubt it is a multinational company.
Business success in one jurisdiction can be used to rectify business failure in another country,hence business diversification is achieved through international operations.