Multinational company is an organization doing business in two or more than two companies. It is large business organization. It has headquartered in one country with significant business operations in several countries. Thus, it is organization whose ownership, management and control are spread in more than one country.
According to the United Nation, “Multinational companies are enterprises which own or control production or service facilities outside the country in which they are based.”
We can say that MNC is a large business organization or firm or corporation with operations spread over several countries. There are approximately 35000 MNCs around the world today. Half of them are American, British, Japanese, German and Swiss companies. Some of the major MNCs are General Motors, Coca-Cola, Pepsi, Honda, TATA, Nestle, DHL, Nike, Adidas, Dabber, Unilever, Hyatt, Sheraton, Radisson etc.
According to the United Nation, “Multinational companies are enterprises which own or control production or service facilities outside the country in which they are based.”
We can say that MNC is a large business organization or firm or corporation with operations spread over several countries. There are approximately 35000 MNCs around the world today. Half of them are American, British, Japanese, German and Swiss companies. Some of the major MNCs are General Motors, Coca-Cola, Pepsi, Honda, TATA, Nestle, DHL, Nike, Adidas, Dabber, Unilever, Hyatt, Sheraton, Radisson etc.
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