multinational corporation (MNC)

A multinational corporation (MNC) or transnational corporation (TNC), also called multinational enterprise (MNE), is acorporation or an enterprise that manages production or delivers services in more than one country. It can also be referred as aninternational corporation. The International Labour Organization (ILO) has defined an MNC as a corporation that has its management headquarters in one country, known as the home country, and operates in several other countries, known as host countries.

Tuesday, June 1, 2010

Multinational Companies in India

Multinational companies are the organizations or enterprises that manage production or offer services in more than one country. And India has been the home to a number of multinational companies. In fact, since the financial liberalization in the country in 1991, the number of multinational companies in India has increased noticeably. Though majority of the multinational companies in India are from the U.S., however one can also find companies from other countries as well.
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