Question

what is mnc how it works

Answer 1

A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they coordinate global management. Very large multinationals have budgets that exceed those of many small countries. Multinational corporations are sometimes referred to as transnational, international or stateless corporations.

Answer 2

MNC and its work:

• MNC is a business organization that retains or controls the manufacture of service and good in at least one country former than its home country.

• MNCs help an unindustrialized host country by increasing security, income and service in its economy.  

• They subsidize to the speedy process of development of the country through transfer of skill, finance and modern supervision.  

• MNCs endorsing exports of the host country.

Hope it helped...