what is the use of MNCs?
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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.
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MNC stands for MultiNational Corporations.They set and control their production units in various countries.
Its helps in globalisation.As a result, it offers us many choices and improves the quality of the good as well.
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