Search

The Online Encyclopedia and Dictionary

 
     
 

Encyclopedia

Dictionary

Quotes

   
 

Multinational corporation

(Redirected from Multinational corporations)

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.

Examples

See also

Last updated: 05-23-2005 10:09:15