A multinational corporation refers to a large company that operates and has assets in multiple countries. These corporations have headquarters in one country but engage in business activities across different nations.
Related terms
Global Supply Chain: This term refers to the network of companies involved in producing and distributing goods or services globally.
Foreign Direct Investment (FDI): FDI is when a company from one country invests directly in businesses located in another country.
Offshoring: Offshoring involves relocating certain business operations or processes to another country to take advantage of lower costs or resources.