Question

What  is  Multi  National  Corporation?

TNSCERT Class 10 Economics Ch 2 Indian Economy After Independence

Answer 1

Multinational Corporation is a corporate organisation which owns and controls products and services in other countries than its original or home country.

Basically, it is a corporation which sells its products and provides services in other countries.

These organisations invests large amount of money in foreign countries to spread their business there and to increase the number of product manufacturing.

Some of the leading multinational corporations are Adidas, Allianz, Instagram, Nokia, Red Bull, Toyota etc.