A multinational corporation (MNC) is a company that owns or controls production, services, or facilities in two or more countries. MNCs are the primary vehicles of foreign direct investment and global trade, shaping the modern international economy.
What Is a Multinational Corporation? A multinational corporation (MNC) — also called a multinational enterprise (MNE), transnational corporation (TNC), or simply a global company — is a firm that owns and operates business activities in two or more countries. The defining characteristic is not just that it sells internationally (many companies export) but that it has productive assets — factories, offices, subsidiaries, or joint ventures — in multiple countries. MNCs are the primary vehicles thr