Multinational company (MNC)

A company that owns or controls business operations in more than one country.

A business that owns or controls operations in more than one country, also called a transnational corporation (TNC).

A multinational company (MNC) owns or controls operations in more than one country. Its headquarters, factories, research centres and customer-service offices need not all be in the same place. Unilever, which sells food and hygiene products internationally, is one example.

Distinguish advantages for the MNC from advantages for the host country. Higher company profits do not automatically mean better local living standards.

Keep benefits to the MNC separate from consequences for the host country. Lower labour costs benefit the company; the effect on workers depends on wages and working conditions.

A business that operates in more than one country.

A multinational company (MNC) operates in more than one country. Its headquarters may coordinate factories, offices or shops located abroad. Investing in these operations connects countries through flows of money, equipment, knowledge and business decisions.

Definition

How each exam board covers it

Eduqas GCSE Geography A · C111

Eduqas GCSE Geography B · C112

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