Multinational Corporations

Definition

Multinational corporations are large companies that operate in several countries around the world. They have offices or production facilities in multiple nations and conduct business on a global scale.

Related terms

Globalization: The process by which businesses or other organizations develop international influence or start operating on an international scale.

Foreign Direct Investment (FDI): An investment made by a firm or individual in one country into business interests located in another country.

Transnational Corporation (TNC): A corporation that has its operations in more than one country, not just where its headquarters are located.