Multinational (redirected from multinationalism)

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.

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Multinational

A corporation that maintains assets and/or operations in more than one country. A multinational often has a long supply chain that may, for example, involve 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 manages its global 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 in which they operate, and ultimately benefit workers as well as shareholders.