Multinational corporation

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Multinational corporation (MNC)

A firm that operates in more than one country.

Multinational Corporation

A corporation that maintains assets and/or operations in more than one country. A multinational corporation often has a long supply chain that may, for example, require the acquisition of raw materials in one country, a product's manufacture in a second country, and its retail sale in a third country. A multinational often globally manages its operations from a main office in its home country. Multinational corporations are controversial among groups such as environmentalists and worker advocates, who claim that multinationals exploit resources and employees. On the other hand, proponents argue that multinationals create wealth in every country where they operate, which ultimately benefits workers as well as shareholders.
References in periodicals archive ?
Covpress chief executive Kit Halliday added: "Lord Whitby will be a great asset in our plans to be a global player in the auto metal pressings manufacturing arena.
The new Ford management team needs to take the dramatic steps to assure that they will be a truly global player and leverage their global resources to the best of their ability.
Chapter 2 highlights factors leading to India's emergence as a major global player along with the global pharmaceuticals market overview.
We really made [Employers Re] a global player with offices throughout the world," he said.
6 billion worth of orders for new jets, turning the regional company into a global player behind Boeing Co.
Emerging Market for Clinical Trials in Russia - Curbs on New Drug Approval Timelines and Registration Fees Encourage the Emergence of a Major Global Player
India's capabilities across different sectors of the chemicals industry and consistently strong performance over the past few years signify its potential to emerge as a significant global player in this field.
Founded in 1994 by its visionary Chairman and CEO, Henri Seydoux, Parrot has rapidly established itself as a leading global player for wireless mobile telephone peripherals and continues to introduce new products while expanding its operations worldwide.
Being part of such a successful global player will allow us greater access to marine customers and to new markets that will fuel growth well into the future.
DUEBENDORF-ZURICH, Switzerland -- Esmertec[TM] (SWX:ESMN), a focused provider of software and services to communications device manufacturers and mobile telecom operators, is pleased to announce that LG Electronics (LGE), a major global player in electronics and mobile communications, has selected Esmertec's Jbed[TM] solution as the exclusive Java[TM] Virtual Machine (JVM) for all its GSM1-based "Chocolate" phones.
We have made our intention to stay a global player in pulp and paper", says Dan Drejenstam.
Enter Global Players, an industry leader since it's inception in 2008, and the first study abroad program developed by former NCAA athletes for student athletes.

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