What does transnational organization refer to?

Transnational organizations are defined by their ability to operate across national boundaries, engaging in activities that transcend the limitations of a single country. This allows them to pursue their objectives globally, often influencing policies, economies, and cultures in multiple nations simultaneously. This global outreach can involve various functions such as trade, advocacy, research, or humanitarian efforts, highlighting the organization's interconnectedness with various global stakeholders.

The other options describe organizations that are limited to specific operational scopes: entities that operate strictly within one national border focus solely on domestic matters, bilateral organizations are specifically engaged in trade or relations between just two countries, and organizations with a sole focus on domestic issues lack the transnational element altogether. Therefore, the essence of a transnational organization lies in its capacity to engage beyond borders, making the third option the most accurate description.