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Multinational company - Definition and Overview |
| Related Words: Ambiguous, Amphibious, Complex, Composite, Compound, Conglomerate, Eclectic, Heterogeneous, Intricate, Ironic, Medley, Miscellaneous, Motley |
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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.
Multinationals often make use of subcontractors to produce certain goods for them.
The first multinational, appearing in 1602, was the Dutch East India Company.
Examples
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Example Usage of Multinational |
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Oncology_News: Oncology News: Kiadis Pharma commences enrollment in Multinational ATIR study: Biopharmaceutical company Kiadis Pha... http://bit.ly/7eK7Xn |
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stephenrusell: Eastern African Forces Work Together in Historical Field Exercise: DJIBOUTI - The Multinational, Eastern Africa Sta... http://bit.ly/5PmaKq |
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FiercePharma: Release: Kiadis Pharma Announces Enrollment of First Patients in a Multinational Registration Study for ATIR. http://bit.ly/8wLJpi |
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