Defination of MNC work it do and functions long way
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A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management
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Multinational corporation (MNC), also called transnational corporation, any corporation that is registered and operates in more than one country at a time. Generally the corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in other countries.
Features of Multinational Corporations (MNCs):
(i) Huge Assets and Turnover
(ii) International Operations Through a Network of Branches
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