MNC


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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 ?
For instance, if the appropriate knowledge for operation in a host country is not sufficient or available for the subsidiary to acquire, then the MNC needs to transfer knowledge in order to facilitate the subsidiary's operations (Bartlett and Ghoshal 1989; Wang and Suh 2009).
Third, regarding 'internalization factors', few studies have been devoted to exploring whether the internalization advantage factors of an MNC directly lead to internal knowledge flows to foreign subsidiaries.
46) For example, in order to establish a manufacturing facility in China, an MNC must first establish a foreign-invested enterprise (FIE) that qualifies as a Chinese company under domestic law.
50) If the MNC invests 60 percent of the equity in the joint venture and the Chinese state-owned enterprise invests 40 percent of the equity, then the MNC has a 60 percent equity interest in the joint venture and the Chinese partner has a 40 percent interest.
MNC Group is an integrated media, broadcasting, entertainment and telecommunication group in Indonesia.
He added that NAHO's attitude is reflected in the organization's attempt right now to partner with academic institutions to house its research material instead of approaching MNC, ITK, or the AFN to see if they want to archive their respective materials to build on in the future.
write a new constitution for the country, and the MNC refused to participate unless Lumumba was released and put at its head, the Belgian government had no choice but to release him and fly him to Brussels.
Lumumba and his team represent the MNC at the All-African Peoples' Conference in Accra, Ghana.
Foss and Pedersen noted that the main interest in researching knowledge management processes in MNC is the cognitive aspects and the way they can influence the costs of transfer, combination and dissipation of knowledge.
Interestingly, when the domestic firm's access to credit is severely constrained, the MNC prefers an IA if the market uncertainty and the domestic firm's ability to gather information are either sufficiently low or sufficiently high.
He states that MNC managers should establish a decision process for strategic objectives.
This paper starts with the premise that MNCs have superior technologies, and that domestic firms in LDCs lack informational access to this technology, and derives the implications for how the MNC compensates its workers and how it divides job tasks among workers.