The Online Encyclopedia and Dictionary






Multinational corporation

A multinational corporation (MNC) or multinational enterprise (MNE) or transnational corporation (TNC) is one that spans multiple nations; these corporations are often very large. Such companies have offices, factories or branch plants in different countries. They usually have a centralised head office where they coordinate global management.

Very large multinationals have budgets that exceed those of many countries. They can be seen as a power in global politics.

Multinationals often make use of subcontractors to produce certain goods for them.

The first multinational, appearing in 1602, was the Dutch East India Company.


See also

The contents of this article are licensed from under the GNU Free Documentation License. How to see transparent copy