Overview
Multinational corporations (MNCs) are key players in the global economy, operating across multiple countries and influencing trade, investment, and cultural exchange. They contribute to economic growth by creating jobs and fostering innovation, but they also face challenges such as regulatory compli...
Key Terms
Example: The rise of the internet has accelerated globalization.
Example: A U.S. company opening a factory in India.
Example: International festivals showcasing different cultures.
Example: A car manufacturer sourcing parts from various countries.
Example: Following environmental laws in different countries.
Example: The entry of a large MNC can disrupt local businesses.
Related Topics
Global Trade
The exchange of goods and services between countries, influenced by tariffs and trade agreements.
intermediateInternational Business Strategy
The planning and execution of business operations across international borders.
advancedCultural Management
The practice of managing cultural differences in a business environment.
intermediateKey Concepts
GlobalizationForeign Direct InvestmentCultural ExchangeEconomic Impact