define multinational corporation
Answers
An MNC is a company which controls business in more than 1 country
hope it will help
Answer:
Multinational corporations are usually companies that own production of goods or services in more than one countries other than their home country, some classic examples of multinational corporations are Apple, Nike, Coca-Cola, etc.
They work for their parent company and create a good network as per their by laws. Their goals will depend on their company profiles.
The goals of any company whether it is multinational or local are mostly the same.
Increase penetration
Enhance Market share
Double the Profit every year by selling more and more every year
Reduce the cost
By achieving all of the above, multiply shareholders value i.e., share price, which is the ultimate goal of creating wealth for the promoters.
There can be few exceptions like Tata Group, which focus on giving back to Nation by creating more employment opportunities as Secondary Objective as well.