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Question
What is an MNC?
One Line Answer
Solution
As the name implies, a multinational corporation is a business concern with operations in more than one country. These operations outside the company's home country may be linked to the parent by merger, operated as subsidiaries, or have considerable autonomy. The term 'multinational 'is widely used all over the world to denote large companies having vast financial, managerial, and marketing resources.
shaalaa.com
Multi National Corporation (MNC)
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