What are multinational firms?
Give some examples and also name the product they produce?
What is their budget? I mean capital investment?
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A multinational corporation or a worldwide enterprise is a corporate organisation which owns or controls production of goods or services in one or more countries other then their home country.
It can also be refered to as an international corporation, a transnational corporation, or a stateless corporation. There are subtle but real defferences between these three labels of multinational corporation and a worldwide enterprise.
Examples are
1.Bata which sells shoes
2.The coca cola company sells cold drink
3.Disney sells video games ,films etc.
4.HSBC produces banking and finance
5.Lenovo sells smart phones
It can also be refered to as an international corporation, a transnational corporation, or a stateless corporation. There are subtle but real defferences between these three labels of multinational corporation and a worldwide enterprise.
Examples are
1.Bata which sells shoes
2.The coca cola company sells cold drink
3.Disney sells video games ,films etc.
4.HSBC produces banking and finance
5.Lenovo sells smart phones
sanjanaSK:
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Explanation:
- A multinational company is a corporate organization that owns or controls the production of goods or services in at least one country other than its home country.
- Products and services of MNCs are sold around various countries which require global management. High turnover and many assets, aggressive marketing are some of the features of Multinational Companies. LTI, TCS, Tech Mahindra, Deloitte, Capgemini are some of the examples of MNCs in India.
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