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 ?
Large multinational corporations and their broker firms expect financial stability of their employee benefits providers worldwide and can therefore rely upon Allianz as a trusted partner, says Theo Bouts, Head of Global Life & Health, Allianz SE, to whose business line the new unit belongs.
Multinational corporations induce income inequality in many ways.
Essentially, multinational corporations need to make a profit and also need to be responsible actors in the communities in which they operate, including the communities in which their subsidiaries and affiliates operate.
Manpower's worldwide network of 4,000 offices in 82 countries and territories enables the company to meet the needs of its 400,000 clients per year, including small and medium size enterprises in all industry sectors, as well as the world's largest multinational corporations.
The concepts are applied to the case of Multinational Corporations such as British Petroleum, ABB and Siemens in the according case studies.
Thomas) addresses the normative obligations of multinational corporations within a framework of rights-based global justice.
The authors argue that multinational corporations are diminishing pay equity programs that existed in the public sector and this contributes to women's lower pay relative to men.
34 percent of multinational corporations (MNCs) have elevated responsibility for transfer pricing policies to the CFO level.
In the near term, it may appear that only large, multinational corporations and entities listed on stock exchanges in other countries are affected by IFRSs.
With various foreign consulates, international banks, and multinational corporations calling Miami-Dade home, Latin Americans can enjoy all the amenities Miami-Dade has to offer, while conducting their lives as they would in their native countries.
What happens when multinational corporations decide that the use of armed force is really business?
According to him, the rules of the WTO are slanted to favor developed nations and multinational corporations over Third World nations.

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