MNCs (Multinational Corporations)

Multinational Corporations (MNCs) are large companies that operate in multiple countries around the world. They produce goods or services in different locations, often managing a centralized headquarters while adapting to local markets. MNCs benefit from access to global resources, cheaper production costs, and broader markets. Examples include brands like Apple, Ford, and Unilever. Their international presence allows them to influence economies, employment, and trade across borders, making them powerful players in the global economy. Despite their success, MNCs also face challenges related to cultural differences, regulations, and ethical considerations in various countries.