Question

Define a Multinational Corporation (MNC).

Answer 1

Multinational corporation is a company which holds or controls production more than one country.

Answer 2

• A company that owns and controls goods and services in at least two countries is known as a multinational corporation.
• It is an international corporation.
• They are engaged heavily in international trade.
• Hence, they are also known as global enterprises.
• A multinational corporation's headquarters are typically located in its home country.
• In other countries, it may have wholly or partially owned subsidiaries that it controls.
• Some multinational corporations may purchase local companies as part of their expansion.
• They have very large turnovers.
• They can increase their productivity with advanced tools because they have a lot of money.
• Some examples of multinational corporations are: Coca-Cola, IBM, Microsoft, Apple, Mahindra, etc.

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