Multinational corporation

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Multinational corporation (MNC)

A firm that operates in more than one country.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Based in London, Bambury will also serve as a director on the OANDA Global Corporation Board.
Mega Global Corporation, meanwhile, is the leading manufacturer and distributor of canned goods particularly Mega Sardines that is now the number one sardines brand in the Philippines, and other high-quality, value-for-money products: Mega Creations Premium Sardines, Mega Tunaand Mega Prime Canned Vegetables.
Mega Global Corporation is the leading manufacturer and distributor of canned goods.
Marvin Tiu Lim, Mega Global Corporation's vice president for Sales and Marketing.
About BH Global Corporation Limited (Bloomberg Code: BHGM.SP)
Gestamp UK also has the strength of a global corporation which leads to the phrase: "The strength of a corporation with the touch of a local company." Gestamp Automocion consists of 56 plants worldwide as well as 18 R&D centres.
Stratos Global Corporation (Stratos), a global provider of advanced mobile and fixed-site remote communications solutions, has expanded its business operations in South Africa.
ISTANBUL, Apr 18, 2009 (TUR) -- Temsa Global Corporation, a manufacturer of buses and midibuses, has opened an office in Chinese city of Shanghai to coordinate its procurement and service activities.
HID Global Corporation of Irvine, California, has launched a new mullion-mounted reader, which allows users to upgrade from MiniProx to iCLASS (R15) or multiCLASS (RP15) access control readers.
Techno Global Graphics is part of the Techno Global Corporation with subsidiaries in Korea, Thailand, Singapore, Vietnam, Philippines, Malaysia, and Indonesia.
Visa announced that it intends to restructure its organization in order to create a new public global corporation called Visa Inc.

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