MNC
A multinational corporation (MNC) or transnational corporation (TNC) is one that spans multiple nations; these corporations are often very large. Such companies have offices and/or factories in different countries. They usually have a centralised head office where they coordinate global management.
Very large multinationals have budgets that exceed those of many countries. They can be seen as a power in global politics. See: Comprehensive Corporate Power
Multinationals often make use of subcontractors to produce certain goods for them.
The first multinational appeared in 1930 when Lever Brothers merged with Margarine Unie to form Unilever.
Examples
See also
