Multinational corporation

(redirected from Transnational Enterprises)
Also found in: Encyclopedia.

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 ?
The Emergence of Small Transnational Enterprise in Vancouver: The Case of Chinese Immigrant Entrepreneurs.
The result is global integration, but not under the command of the transnational enterprises.
Today, Liangjiang New Area has become one of the most important investment destinations in inland China for transnational enterprises.
Representing the development of inland China, Liangjiang New Area experienced a year-on-year growth of 20 percent and 300 percent in its economy and international trade respectively from January to Spetember 2012, attracting a lot of transnational enterprises.
As a result, the sensor market for Chinese auto OEM production is occupied by transnational enterprises like Bosch and Denso.
In addition, as the decline of manufacturing cost of manufacturing industry and transnational enterprises successfully fight for allocating the Chinese market and investing in factory construction, the competition of Chinese domestic magnet wire market is accelerated.
On August 23rd, China Enterprise Confederation /China Enterprise Directors Association (CEC/ CEDA) issued China s Top 100 Transnational Enterprises plus Multinational Index for 2012 .
Analysis on Major Transnational Enterprises on Chinese Tire Market, 2009-2010
However, transnational enterprises firmly seize the lion's share and gain high profits in the medium and high-end automotive lubricant market by virtue of advanced technology and good brand reputation.
However, 70% of the high-end medical apparatus market of China is held by large transnational enterprises, including GE, Siemens, Philips and so on.
Chongqing Liangjiang New Area, established as the only state-level new area in inland China, following Shanghai Pudong New Area and Tianjin Binhai New Area, has attracted attention from transnational enterprises with a high growth rate of more than 20% since its establishment two years ago.
Transnational enterprises cannot be completely invasive, and the real world where enterprises' place is located between "an (isolated) country and an (integrated) country.

Full browser ?