Multinational Corporations (MNCs)

Multinational Corporations (MNCs) are large companies that operate in multiple countries around the world. They produce goods or services in one country, but often have offices, factories, and markets in many others. MNCs leverage global resources, workforce, and markets to increase their efficiency and profits. Examples include companies like Apple, Toyota, and Coca-Cola. They influence local economies, create jobs, and contribute to international trade, but can also face challenges such as cultural differences, regulation compliance, and debates over their impact on local businesses and environments.