ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -multinational corporation (MNC), also called transnational corporation, any corporation that is registered and operates in more than one country at a time. Generally the corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in other countries.

Detailed explanation-2: -What Are Examples of Multinational Corporations? Examples of multinational corporations include Apple, Amazon, Microsoft, McDonald’s, and Volkswagen. These companies are headquartered in one nation but operate divisions in many other countries in order to expand their business and reach more customers.

Detailed explanation-3: -What Is a Multinational Corporation? A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country.

Detailed explanation-4: -Products and services of MNCs are sold around various countries which require global management. High turnover and many assets, aggressive marketing are some of the features of Multinational Companies. LTI, TCS, Tech Mahindra, Deloitte, Capgemini are some of the examples of MNCs in India.

Detailed explanation-5: -Decentralized corporation. Decentralized corporations may have multiple offices, facilities and assets in foreign countries, but they still maintain a powerful presence in their home country. Global centralized corporation. International division. Transnational enterprise. 08-Oct-2021