MNC means Multi National Corporation. MNC company is the company where the company produces the goods in anywhere of the world and sells the goods in anywhere of the world is called MNC.
MNC is a company which has it headquarters in its home country. it can have its business in more than countries. but most of the assets controlled by the individuals of the home country.
MNCs is the company which run the business in other country but have head office in its own countries. In other words we can say export all its product in other countries and handling from its own country.
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.
Investopedia explains 'Multinational Corporation - MNC'
Nearly all major multinationals are either American, Japanese or Western European, such as Nike, Coca-Cola, Wal-Mart, AOL, Toshiba, Honda and BMW. Advocates of multinationals say they create jobs and wealth and improve technology in countries that are in need of such development. On the other hand, critics say multinationals can have undue political influence over governments, can exploit developing nations as well as create job losses in their own home countries.
Existence of MNC in the World
The world’s multinational corporations – 63,000 of them at last count – frequently find themselves the target of criticism by the world’s anti-globalization protesters. MNCs, the protesters charge, are principally responsible for the impoverishment of many of the world’s six billion people.
While global corporations have unquestionably brought greater wealth, power and opportunity to the poor world, especially China and India, according to the World Bank some two billion people