Multinational Corporation

Definition

A multinational corporation (MNC) is a large company that operates in multiple countries and has business activities and investments across national borders. MNCs have headquarters in one country but carry out operations, production, and sales in various countries.

Related terms

Globalization: The process of increasing interconnectivity and integration among countries through the exchange of goods, services, ideas, and information.

Foreign Direct Investment (FDI): An investment made by an individual or company from one country into another country's business or assets.

Supply Chain: The sequence of processes involved in the production and distribution of goods or services, including sourcing raw materials, manufacturing, transportation, and retail.