multinational

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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.

multinational

Of, relating to, or being a company with subsidiaries or other operations in a number of countries. The diversity of operations of such companies subjects them to unique risks (for example, exchange rate changes or government nationalization) but at the same time offers them unique profit opportunities closed to domestic companies.
References in periodicals archive ?
The speakers said that Pakistan would have a special policy framework to attract more and more multinationals as they would bring foreign investment, create employment opportunities and help transfer of technology.
The acquisition of IBM's personal computer division by China's Lenovo and the aborted bids for Maytag and Unocal have heralded the arrival of a new player on the global business scene--the Chinese multinational enterprise.
In recent years, many of America's largest and most prominent multinational companies have been called to court to defend their international business practices.
Multinationals have learned that making money and being ethical appear to be strange bedfellows, but they can sleep comfortably together.
Since the announcement of China's entry into the World Trade Organization, both PREMAS International and Cushman & Wakefield have recognized the tremendous changes that will occur in the Chinese economy over the next 5 years and the opportunities this will bring to service both global multi national companies in China and Chinese multinational companies venturing into the global market.
Between 1980 and 1996, the amount of chemical production in developing countries rose from 11% to 18% and, French says, "much of this expansion involves joint ventures with multinational firms.
Labor should be taking on the multinationals on a worldwide scale," says Kim Moody of Labor Notes in that same issue.
For a multinational corporation with excess FTCs from other international activities (e.
multinationals, China fielded its own impressive team.
an intercompany transfer of property, intangible rights, or services to a Canadian member of a multinational group) - that the price not exceed that "which would have been reasonable had the parties been dealing at arm's-length.
multinationals traditionally have not been as active in investing in underdeveloped countries as their European and Japanese counterparts, they are now planning to earmark a higher level of their foreign investment to these markets," stated Michael Henning, Chief Executive Officer of Ernst & Young International.
Economically, NAFTA is designed to enhance and protect the power of American multinationals and their exploitation of old and new markets on the continent.

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