GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Multinational Corporation
|
|
|
Multination Corporation
|
|
|
Multinational Cities
|
|
|
Multinational Council
|
Detailed explanation-1: -A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country. By some definitions, it also generates at least 25% of its revenue outside of its home country.
Detailed explanation-2: -The full form of MNC is the Multinational Corporation. MNC relates to a corporation that operates from one nation in which it is headquartered and operates in two or more countries. It is often referred to as a stateless corporation, MNE (multinational enterprise) or transnational corporation.
Detailed explanation-3: -MNC is a company that owns or controls production in more than one nation. MNCs set up their branches and factories for production in regions where they can get cheap labor and other resources.