Business Studies

How is an MNC defined?


ANSWER

A MNC is a company that owns or controls production in more than one nation


SOLUTION
A multinational corporation or worldwide enterprise is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.

multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. 

multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management.
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Single Correct Medium Published on 18th 08, 2020
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