A multinational corporation (MNC) is a company that operates in multiple countries, managing production or delivering services in several locations across the globe while often having a centralized headquarters in one country. MNCs typically engage in foreign direct investment and have a significant impact on local economies, employing workers and generating revenue in the countries where they operate. They are characterized by their ability to leverage resources, technology, and labor from various global markets to enhance their competitiveness and profitability.
Which of the following describes a multinational corporation?(1 point)
1 answer