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 ?
midmarket and multinational enterprises categories," said Scott Scherr, CEO, president, and founder of Ultimate Software.
The Draft Guidelines reaffirm the OECD's support for the arm's-length principle as set forth in Article 9 of the OECD Model Tax Convention and in its 1979 report, Transfer Pricing and Multinational Enterprises.
Hymer came to the conclusion that underdeveloped countries need to devote a major share of their scarce resources to establishing multinational enterprises [5].
This Annual Report provides an account of the actions taken by the 42 adhering governments over the 12 months to June 2010 to enhance the contribution of the OECD Guidelines for Multinational Enterprises to the improved functioning of the global economy.
The guidelines are recommendations addressed by governments to multinational enterprises operating in or from adhering countries.
1) Citations are generally to the services and intangible property portions of the OECD's Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration reprinted the BNA Daily Tax Report (No.
Statement users express concern that for multinational enterprises, the home country is diminishing in importance as the sole basis for reporting export sales.
The Guidelines for Multinational Enterprises are recommendations to international businesses on conduct in such areas as labour, the environment, consumer protection and the fight against corruption.
com/research/137dae/oecd_transfer_pric) has announced the addition of the "OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations 2009" report to their offering.
See Organisation for Economic Co-operation and Development, Report of the Committee on Fiscal Affairs, Transfer Pricing and Multinational Enterprises (1979) (hereinafter referred to as "1979 OECD Report").
According to two reports that summarize the research findings, The Strategic Role of Localization in Multinational Enterprises and Current Web Globalization Practices: An Industry Analysis, there is a gap in the perceived and actual importance multinational corporations place on localization of their software, websites, and products for international markets.
Top-tier software vendors, content providers, multinational enterprises, and government agencies rely on Basis Technology's solutions for Unicode compliance, language identification, multilingual search, normalization, transliteration, and entity extraction.

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