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 ?
At a fundamental level, a multinational corporation cannot expect to be a responsible corporate actor in the globalized labor market if it does not have the ability to understand the impact of its operations relative to labor impacts.
Multinational corporations often resist unionization; Wal-Mart is no exception.
The study concluded that these multinational corporations had much better environmental performances than private and government-owned domestic companies in developing countries.
After Seattle, the WTO is the subject of a lot more living-room conversations in the United States, as is the question of how citizens can and should act to control the excesses of multinational corporations and economic globalization.
multinational corporations to be more than two times higher than the country's average.
multinational corporations with a stake in foreign countries.
Thus, tax rules can - and do - affect the decisions of multinational corporations, and the affected governments must respond accordingly.
In the New World Order being crafted by multinational corporations, free trade agreements cannot be held responsible for poor economic performance or any of the "shocks" experienced by the working citizens of the signatory nations.
And while these multinational corporations are powerful, the falling cost of information and computer power has done more to change the world than any activity of a big enterprise.
In fact, we are the leading global provider of enhanced voice and data services for multinational corporations.
As expected, the comprehensive economic plan President Clinton submitted to Congress contains a number of provisions affecting multinational corporations.
OXFORD, England -- Conversis, a translation and localization company based in the UK and US, in coordination with the Localization Program at California State University at Chico, has released the findings of a one-of-a-kind research study that examines the localization practices of multinational corporations and how well they are adapting to countries, cultures, and languages.

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