multinational corporation

A multinational corporation (MNC) is a large company that operates in multiple countries around the world. It has its main headquarters in one country but manages business activities—such as manufacturing, sales, or services—in other countries as well. These companies benefit from accessing new markets, resources, and labor, allowing them to grow and compete globally. Examples include companies like Apple, Toyota, and Coca-Cola. MNCs often adapt their products and strategies to local cultures and regulations but maintain overall corporate control across their various branches.