Q.Define MNC.

A multinational corporation is a company that is registered and has its headquarters in one (home) country but owns, controls and operates production or marketing facilities in several other (host) countries. It operates on a large scale with huge capital and advanced technology.

A multinational corporation (also called a transnational or global corporation) is a large company that has its head office in one country (the home country) and carries on its business activities in a number of other countries (the host countries) through its branches, subsidiaries or associates. Such corporations command huge capital, use advanced technology, produce and sell on a global scale and are managed professionally. Well-known examples are Coca- …