Mutinational company explain
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Other hand, multinational company has investment in outside of its home country. Normally, multinational company establishes subsidiaries in different countries to do their business.
Mark BrainliesT ..
A multinational corporation (MNC) has amenities and other possessions in at least one country other than its home. Such companies have offices and / or factories in various countries and typically have a centralized head office where they coordinate global management. Very large multinationals have such budgets which are more than many smaller countries. Multinational corporations are sometimes known as international, international or stateless corporations.
Below 'Multinational Corporation - MNC'
Almost all major MNCs are American, Japanese or Western European, such as Nike, Coca-Cola, Wal-Mart, AOL, Toshiba, Honda and BMW. Lawyers of multinational companies say that they make high-paid jobs and technically advanced goods in those countries who will not have access to such opportunities or goods. On the other hand, detractors say that multinational companies have needless political influence on governments, exploit the developing nations and create job losses in the countries of their home countries. Characteristically, multinational corporations will obtain at least a quarter of their revenue outside their home.
Rise of Multinational Corporation
History of multinational is linked to the history of colonialism. On the order of European monarchs to conduct operations, many of the first multinational companies were commissioned. Some of the many colonies not organized by Spain or Portugal were in the administration of the world's first multinational companies. First emerged in 1660: The East India Company, which was established by the British Its headquarters were in London, and participated in international trade and exploration with business positions in India. Other examples include the Swedish Africa Company, founded in 1649, and Hudson's Bay Company, which was incorporated in Canada in the 17th century.
Categories of multinational companies
There are four categories of multinationals present. they include:
• A decentralized corporation which has strong presence in its country
• A global, centralized corporation that receives cost benefits where cheap resources are available
• A global company that builds on R & D of the parent corporation
• An international enterprise that uses all three categories