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Multinational Corporation |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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. SABIC has become a global player, having established itself as the world's third-largest producer of polyethylene and the fourth-largest producer of polymers. KT CEO Lee Yong Kyung is determined to put the company on the map as a global player. |
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