A multinational corporation (MNC) is a company which is based in one country (home country) and operates in several other countries (host countries). MNCs make the world more globalized by uniting different parts of the world with one activity. Their main strategies are focused on the establishment of their sales units in other countries (mostly in the Third World), and the promotion of their products in these countries. Thus, they play a key role in the development of these countries increasing the employment rates, introducing innovative technologies, and improving the overall level of life there (Goerzen et al. 429). MNCs and Their Functions Multinational corporations are usually big companies that have headquarters in one country and operate in several different countries. Although this is the main feature that defines an MNC, there are other features that these corporations have in common. If a company wants to become multinational, it must have a clear business plan and the ability to operate in several countries, as its operations require a large number of employees. The Internet has allowed all kinds of businesses to reach the international level. Even small businesses can participate in the global competition by selling products to different places of the world via the Internet. However, in contrast to small businesses, MNCs import and export much larger volumes of products (Geppert and Dörrenbächer 227). Although it is not necessary to trade publicly in order to become an MNC, many of them often go public. The main reason for this is to attract investors. The money invested in such companies help increase its growth and the value of its shares. This helps achieve great success in the stock market, which, in its turn, gives such a company the ability to influence the economy of an entire country. Public multinational companies also tend to develop partnerships with governments to carry out local initiatives and with non-governmental organizations to help raise money for charity (Geppert and Dörrenbächer 235). MNCs as an Instrument of Globalization Globalization is a process that unites separate national economies and helps create one common economy that encompasses the whole world. It widens the economic integration by including the developing countries’ economies into it and deepens it with the help of the developed countries. MNCs promote globalization by creating the international trade, implementing foreign direct investment, and using modern technologies (Kesselman 21). Global corporations play a key role in all global issues beginning from human rights and ending with environmental policies. They can help poor countries by making long-term investments in local and global communities, which is more effective than the activities of charitable and aid institutions. In order to do so, they must earn public’s trust first. They must show that their purpose, especially in poor states and the emerging economies, is the human progress. Moreover, they must show that the globalization is not something that makes rich countries richer and poor countries poorer. In this respect, those who oppose globalization deprive almost 2 billion people living in absolute poverty of the chance to