- Any corporation registered and operating in more than one country at a time, usually with its headquarters in a single country.A firm's advantages in establishing itself multinationally include both vertical and horizontal economies of scale (reductions in cost that result from an expanded level of output). Critics usually regard the multinational corporation as destructive of local economies abroad and as prone to monopolistic practices. See also conglomerate.
* * *▪ businessalso called transnational corporationany corporation that is registered and operates in more than one country at a time. Generally the corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in other countries. Its subsidiaries report to the corporation's central headquarters.In economic terms, a firm's advantages in establishing a multinational corporation include both vertical and horizontal economies of scale (economy of scale) (i.e., reductions in cost that result from an expanded level of output and a consolidation of management) and an increased market share. Although cultural barriers can create unpredictable obstacles as companies establish offices and production plants around the world, a firm's technical expertise, experienced personnel, and proven strategies usually can be transferred from country to country. Critics of the multinational corporation usually view it as an economic and, often, political means of foreign domination. Developing countries, with a narrow range of exports (often of primary goods) as their economic base, are particularly vulnerable to economic exploitation. Monopolistic practices, human-rights (human rights) abuses, and disruption of more-traditional means of economic growth are among the risks that face host countries.
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Multinational corporation — A multi national corporation (MNC) or enterprise (MNE), is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation. The International… … Wikipedia
Multinational corporation — A firm that operates in more than one country. The New York Times Financial Glossary * * * multinational corporation multinational corporation ➔ corporation * * * multinational corporation UK US noun [C] (ABBREVIATION MNC) … Financial and business terms
multinational corporation — ( MNC) A firm that operates in more than one country. Bloomberg Financial Dictionary * * * multinational corporation multinational corporation ➔ corporation * * * multinational corporation UK US noun [C] (ABBREVIATION MNC) … Financial and business terms
multinational corporation — transnacionalinė korporacija statusas T sritis Politika apibrėžtis Didelio masto verslo įmonė, kurios gamybos ir prekybos gaminių padaliniai įsikūrę daugelyje valstybių. Transnacionalinės korporacijos (TNK) yra labai lanksčios ir gali lengvai… … Politikos mokslų enciklopedinis žodynas
Multinational Corporation — Dieser Artikel wurde auf der Koordinationsseite des WiwiWiki Projekts gelistet um die Bearbeitung effektiver gestalten zu können. Bitte beteilige dich an der Diskussion. Größte Unternehmen der Welt 2005 nach Umsatz … Deutsch Wikipedia
multinational corporation — MNC At the simplest level, the term MNC refers to a corporation with activities in two or more countries. Alternative definitions include the following: (i) a corporation with a worldwide view of production, the sourcing of raw materials and… … Auditor's dictionary
multinational corporation — A form of capitalist enterprise in which the financial structure, managerial control, and integration of productive activity span national boundaries and are oriented to international (or global) markets . See also industrial integration … Dictionary of sociology
multinational corporation — In a strict sense this term is descriptive of a firm which has centers of operation in many countries in contrast to an international firm which does business in many countries but is based in only one country, though the terms are often used… … Black's law dictionary
Multinational Corporation - MNC — A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co ordinate… … Investment dictionary
Multinational Corporation (MNC) — ⇡ internationale Unternehmung, ⇡ multinationale Unternehmung … Lexikon der Economics