FACTOID # 15: Most people live in poverty in most African countries.
 
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A multinational corporation (MNC) or transnational corporation (TNC) is one that spans multiple nations; these corporations are often very large. Such companies have offices and/or factories in different countries. They usually have a centralised head office where they coordinate global management.


Very large multinationals have budgets that exceed those of many countries. They can be seen as a power in global politics.


Multinationals often make use of subcontractors to produce certain goods for them.


The first multinational, appearing in 1602, was the Dutch East India Company.


Examples

See also


  Results from FactBites:
 
Leviathans - Cambridge University Press (3819 words)
MNCs and their executives, in practice and in principle, not only can cause but also can and sometimes do take steps to reduce the severity of these environmental problems.
MNCs, as with other factors of globalization, must be studied in a sustained empirical fashion, in an historical perspective, and with a constant effort to move back and forth between theory and data.
Political and social conditions requisite for MNCs to operate as they do may provide a stable context and, at the same time, be subject to change – changes that, in turn, respond to the shifting play of culture as well as of forces like migration and technological innovation.
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