distinguish between government company and multi-national company
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multinational corporation or company (MNC) is an enterprise or corporation which is involved in the manufacture of goods and services in two or more countries. It is also known as an international corporation or company. Its headquarters is located in a certain country which is called its home country, and it has offices in several other countries called the host countries where it also operates. It must adhere to the policies of the host countries and adapt its products to cater to the needs of the host country
MNCs play very significant roles in international relations, trade, and in globalization. They are usually companies that have already made a name in the market for their particular product and are equipped with a huge financial capability to expand to other countries. An example of an MNC is Adidas.
global corporation or company is a company which also has trade relations with several other countries. 2. MNCs usually pay local workers a lower salary rate than global companies.
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