MNC


Also found in: Medical, Acronyms, Encyclopedia, Wikipedia.

MNC

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.

MNC

see MULTINATIONAL ENTERPRISE.
References in periodicals archive ?
We prove that the MNC is more willing to pay its workers wage premia to defend its technological superiority if more domestic firms would otherwise gain access to the MNC's technology.
We explore the effect of the roles of R&D subsidiary laboratories on the MNC decision to assume (short-term) international assignments for their R&D employees.
The majority of MNCs that do business in China will need to transfer technology, embodied in intellectual property rights, to their Chinese business entities; as part of this technology transfer agreement, the MNC should have provisions that pertain to trade secrets even if the main subject matter of the technology transfer agreement is another intellectual property right, such as trademark or patent rights.
On completion, MNC Kabel Mediacom's network is expected to connect at least two million home passes and in at least ten major cities across Indonesia.
An added bonus came this year when twin female Arabian tahrs, Banal and Sharrang, were born in late April, the third such case at MNC.
The only thing to add is that in Congo, the first nationwide local elections held in 1959, which saw the emergence of the MNC, were even more crucial, for it was those elections that were to assess the strength of the various "parties" (in effect, ethnic movements) that would take part in deciding the future constitutional arrangements under which the country would be governed.
We show that in the IA, the MNC optimally charges the domestic firm a lump-sum payment but offers it the entire profits of the IA.
Here one can distinguish between several situations, with theoretical approaches and studies more or less in-depth: knowledge transfer within the company, within alliances or groups of companies, between independent companies, between research institutions or universities and companies and for acquisitions of companies and their embedding into MNC.
A first of its kind in Malaysia, Mjuice is the latest in a series of innovative marketing tools that MNC has pioneered for businesses to enhance customer engagement experience.
40 MNC R&D centers in India participated in this study and of all the functions of Finance & Accounting, the released Zinnov report comprises of detailed analysis and insights on the top four functions namely Accounts Payable, Budgeting and Forecasting, Fixed Assets and Payroll.
Integration between headquarters and subsidiaries is one of the central topics in the MNC literature (expatriation and employee transfer--Edstrom & Galbraith, 1977; Harzing, 2001; formal and informal transference of information--Kranias, 2001; Martinez & Jarilo, 1989; organizational culture--Allaire, 1984; Baliga & Jaeger, 1984; Jaeger, 1983; Kranias, 2001; Nohria & Ghoshal, 1994; Ouchi & Jaeger, 1978, procedural justice--Elis, 2000; Kim & Mauborgne, 1991, 1993; Molm et al.
After a 30-year career with MNC, Publisher Rob Brown will be retiring from his position, but will be assisting Vail Resorts and MNC through the transition.