Multinational Corporations (MNCs)

The term multinational corporation (MNC) can be described from differing perspectives and on a number of levels, including law, sociology, history, and strategy as well as from the perspectives of business ethics and society. Certain characteristics of MNCs should be identified at the start since they serve, in part, as their defining features. Often referred to as “multinational enterprises,” and in some early documents of the United Nations as “transnational organizations,” MNCs are usually very large corporate entities that while having their base of operations in one nation—the “home nation”—carry out and conduct business in at least one other nation, but usually in many nations—the “host nations.” MNCs are usually very large entities having a global presence and reach. Names and company logos such as ...