A “Multinational Corporation (MNC)” is a company that operates in multiple countries beyond its home base. MNCs manage production or deliver services in more than one country, often with a centralized head office where they coordinate global management. They typically have a significant international presence and engage in a wide range of business activities, including manufacturing, marketing, and research and development, across various regions.
For example, a technology company headquartered in the United States with offices, manufacturing plants, and research facilities in Europe, Asia, and South America would be considered a multinational corporation. This global reach allows MNCs to access diverse markets, optimize production costs, and leverage international expertise.
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