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Give the meaning of the term ‘multinational corporation’ with an example.

Asked by Topperlearning User 5th June 2015, 10:05 AM
Answered by Expert

A multinational corporation is a large company which carries on its productive and business activities in more than one country. It is also referred to as a transnational corporation as its operations extend beyond the boundaries of the nation in which it was initiated. For example, MNCs working in India are Johnson and Johnson, Coca-Cola, etc. Indian MNCs include Tata steel, Reliance Industries, etc.

Answered by Expert 5th June 2015, 12:05 PM
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