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 ?
All employees or RHQs and ROHQs of multinational companies, offshore banking units, and petroleum service contractors and subcontractors enjoying preferential tax treatment prior to 2018 are now subject to regular income tax rates," he said.
The Japanese businessmen informed the Government that like other multinational companies, the Japanese companies were interested to invest more in Karachi, which was an ideal place for investment.
About 80 national and multinational companies will join the job fair wherein the representatives of the companies will inspect talent and skills of the youngsters of the varsity, said Vice Chancellor BZU Dr Tahir Ameen, while talking to Officers of Career Development Centre of BZU.
We have already provided an additional $679 million in funding to the ATO through the Tax Avoidance Taskforce to strengthen the ATOs capabilities and ensure these multinational companies operating in Australia are held to account.
Targeting business leaders of multinational companies in China and at corporate headquarters, they relate common pitfalls that multinationals face in China, as well as the mistakes they make when setting up and operating in China.
As multinational companies operate in more than one country so this requires them to have large amount of assets and sales dispersed in different countries.
According to the plan, Shanghai will provide large financial investment along with other policy measures to recruit top research talents and attract multinational companies to set up their regional R&D centers and laboratories in Shanghai.
According to a survey of 120 multinational companies conducted by the Korea Trade-Investment Promotion Agency (KOTRA), 94 percent of respondents said they took CSR into account when choosing business partners.
The officials of multinational companies said that gathering was aimed to inform the growers before the cultivation of the crop to grow recommended varieties (RVs) of Virginia tobacco while keeping in mind the requirements of the companies.
Last year we set ambitious targets for 6,000 net new jobs and 132 investments by multinational companies.
AT a time of reductions in public spending and large government debt levels, not just in the UK, but across Europe and other continents, it is important that everybody, including multinational companies such as Amazon, Google and Starbucks, pay their fair share of tax.
In Jaipur, wholesale and retail traders gathered in large numbers outside the multinational store named 'Carrefour' on Wednesday and raised slogans against the government and burnt effigies of multinational companies.

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