what is a multinational enterprise
DEFINITION of 'Multinational Corporation-MNC'. A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management.Very large multinationals have budgets that exceed those of many small countries. Sometimes referred to as a transnational corporation. multinational corporation is just that â a corporation that operates in multiple nations, with a home office that coordinates global management. Being a multinational corporation is a complicated ...