What are multinational companies ?
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Answer:
A multinational corporation (MNC) is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. However, a firm that owns and controls 51% of a foreign subsidiary also controls production of goods or services in at least one country other than its home country and therefore would also meet the criterion, even if that foreign affiliate generates only a few percent of its revenue. A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation.There are subtle but real differences between these terms.
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Question: What are multinational companies?
Answer: The multinational corporation is a business organization whose activities are located in more than two countries and is the organizational from that defines foreign direct investment.
Multinational corporations are large companies with operations in several countries across the world.
For Example :- Apple, Ford, Coca Cola, Alphabet ( Google ) and Microsoft.
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