Multinational Companies

Multinational companies (MNCs) are businesses that operate in multiple countries beyond their home nation. They manage production or deliver services in various locations, leveraging diverse markets and resources. MNCs often have a centralized head office in one country and subsidiaries or branches in others, allowing them to access local talent, reduce costs, and cater to regional customer needs. By doing so, they can enhance their competitiveness, expand their market presence, and benefit from global trade. Examples include companies like Apple, Coca-Cola, and Unilever. Their global operations can significantly impact economies and cultures worldwide.