Multinational Corporations
Sr no | Topic | Pg no | | IntroductionCharacteristics of MNC’sSignificance of MNC’sAdvantages & Disadvantages of MNC’sCultural Problems faced by MNC’sMarket ImperfectionInternational powersManagement Functions in MNC’sGrowth of MNC’sMNC’s and Developing WorldConsequences of MNC’s on developing countriesMNC’s in IndiaForeign Collaborations in India10 Best MNC’s all overConclusionbibliography | |
Introduction
A multinational corporation (MNC) or multinational enterprise (MNE) is a corporation that is registered in more than one country or that has operations in more than one country. It is a large corporation which both produces and sells goods or services in various countries. It can also be referred to as an international corporation. They play an important role in globalization. The first multinational corporation was the Dutch East India Company, founded March 20, 1602
Such a company is even known as international company or corporation. As defined by I. L. O. or the International Labor Organization, a M. N. C. is one, which has its operational headquarters based in one country with several other operating branches in different other countries. The country where the head quarter is located is called the home country whereas; the other countries with operational branches are called the host countries. Apart from playing an important role in globalization and international relations, these multinational companies even have notable influence in a country 's economy as well as the world economy. The budget of some of the M. N. C.s are so high that at times they even exceed the G. D. P. (Gross Domestic Product) of a nation.
Definition
There is more universally accepted definition of the term multinational corporation. Different authorities define the term differently As ILO Report The essential nature of the multinational enterprise lies in the fact that is managerial Headquarters are located in one country (home country) while the
Introduction
A multinational corporation (MNC) or multinational enterprise (MNE) is a corporation that is registered in more than one country or that has operations in more than one country. It is a large corporation which both produces and sells goods or services in various countries. It can also be referred to as an international corporation. They play an important role in globalization. The first multinational corporation was the Dutch East India Company, founded March 20, 1602
Such a company is even known as international company or corporation. As defined by I. L. O. or the International Labor Organization, a M. N. C. is one, which has its operational headquarters based in one country with several other operating branches in different other countries. The country where the head quarter is located is called the home country whereas; the other countries with operational branches are called the host countries. Apart from playing an important role in globalization and international relations, these multinational companies even have notable influence in a country 's economy as well as the world economy. The budget of some of the M. N. C.s are so high that at times they even exceed the G. D. P. (Gross Domestic Product) of a nation.
Definition
There is more universally accepted definition of the term multinational corporation. Different authorities define the term differently As ILO Report The essential nature of the multinational enterprise lies in the fact that is managerial Headquarters are located in one country (home country) while the
Bibliography: primary source: Economics and global trade (M.com), Business Economics (B.com) Journal of Economic Growth SECONDARY SOURCE: http://tutor2u.net/business/strategy/global-business-introduction.html http://www.articlesbase.com/economics-articles/impact-of-mncs-on-developing-countries-685604.html#ixzz1GkxZLGBM www.coursework.info