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Multinational Corporation

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
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.


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The US-based multinational corporation is also seeking tie-up opportunities with academic institutions, governments and research organisations that are focused on product innovations and processes that are environmentally sustainable and will increase performance efficiency.
Stratfor, the US based geopolitical security and intelligence service has said that in the eventuality of war between the two neighbouring countries multinational corporations would face a lot trouble.
It is Africa's largest independent provider of interconnection services via satellite and terrestrial network infrastructure for both African and international telecommunications companies, as well as connectivity solutions to multinational corporations operating across Africa.
 
 
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