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 ?
7) Similarly, within this risk situation it is possible to identify the existence of rational criminals as well, the homo economicus of transnational crime, so to speak, the transnational enterprises of crime.
514) define a transnational enterprise as "a business in the ethnic economy which entails separate operational components of the enterprise being located in different countries and the transmigration of the owners in order to operate it.
Cheap, fast, and accessible information processing transformed the organizational structure of the transnational enterprise from a compelling strategic advantage to an outmoded nuisance.
Skyworth Electronic Group is a large, modern transnational enterprise specializing in the development, production and distribution of consumer electronics, network and communication products.
We view it as a model of a successful working relationship between a small, high technology company and a large, transnational enterprise with its marketing and manufacturing capability.
The region is also a major hub of transnational enterprises, and is often used as a stepping stone to other targets.
Aside from outdated legacy systems that are less secure, the firm also cited the region being the easy gateway as it hosts many transnational enterprises, which is often used as a stepping stone to other bigger targets.
An ICBC executive said that by resorting to means such as refined management, big data mining and information monitoring, and its integrated global technology platform, multi-disciplinary professional teams, and worldwide service network, ICBC has innovated global cash management service mode, improved one-stop service capability, and met the diversified business demands of transnational enterprises.
The United Nations should also reach out to businesses, he said, adding that national and transnational enterprises were keen to help out because the UN's development agenda is equally important for their growth.
In the same period 27 transnational enterprises signed letters of intent with MOEA to invest in Taiwan an estimated NT$108.
The world is made up of a series of countries supposedly independent according to a territorial demarcation, but really dependent upon ah empire of transnational enterprises that promote competitiveness, among many other things, in science and technology, constituting true markets of product research and process design.
Still, the radical reduction in the cost and ease of movement and communications, the spread of education and urbanization, the triumph (conceivably transient) of liberal ideas and practices in trade and investment, and the related elaboration of intergovernmental norms and institutions, transnational enterprises, nongovernmental organizations (NGOs), and now social and religious networks (national as well as transnational) have diversified identities and multiplied communities of interest and value.

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