Question

What are multinational corporations ??

Answer 1

Explanation:

An multinational corporations ( MNC ) is a company that owns or controls production in more than one nation. These companies set up offices and factories for production in regions where they can get cheap labour and other resources. This is done to ensure that the cost of production remains low and MN Cs can earn greater profits.

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Answer 2

The multinational corporation is a business organ- ization whose activities are located in more than two countries and is the organizational form that defines foreign direct investment