Multinational Corporation (MNC)

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 conducts business—such as manufacturing, sales, or services—in several other nations. MNCs often leverage global resources, labor pools, and markets to optimize profits and growth. They influence international trade and can bring economic benefits like jobs and innovation, but they also face challenges related to cultural differences and regulatory compliance across different countries. Examples include companies like Apple, Toyota, and Samsung.