Multinational corporation

A multinational corporation or world wide enterprise is an organization that owns or controls production of goods or services in one or more countries other than their home country. It can also be referred as an international corporation, a "transnational corporation", or a stateless corporation.

Overview

A multinational corporation is usually a large corporation which produces or sells goods or services in various countries.

  • Importing and exporting goods and services
  • Making significant investments in a foreign country
  • Buying and selling licenses in foreign markets
  • Engaging in contract manufacturing—permitting a local manufacturer in a foreign country to produce their products
  • Opening manufacturing facilities or assembly operations in foreign countries
  • The problem of moral and legal constraints upon the behavior of multinational corporations, given that they are effectively "stateless" actors, is one of several urgent global socioeconomic problems that emerged during the late twentieth century.

    Podcasts:

    PLAYLIST TIME:

    If You Intend

    by: 10,000 Maniacs

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    Latest News for: mncs

    Pharma MNCs eye biotech sector

    China Daily 09 Apr 2025
    BEIJING — Multinational pharmaceutical firms, particularly US giants, are increasingly recognizing China's burgeoning innovative drug sector as a strategic gold mine to bolster their global competitiveness ... Xinhua.
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