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Answer Posted / prabakaran
Multinational Corporation - 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 global
management. Very large multinationals have budgets that
exceed those of many small countries. Sometimes referred to
as a "transnational corporation".
A multinational corporation is able to take advantage of
special economically advantageous opportunities that exist
in the countries where it operates, such as a low labor
cost or favorable rate of currency exchange.
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