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What do you mean by mnc |
| Answer» MNC:An enterprise operating in several countries but managed from one (home) country. Generally, any company or group that derives a quarter of its revenue from operations outside of its home country is considered a multinational corporation.There are four categories of multinational corporations:(1) a multinational, decentralized corporation with strong home country presence,(2) a global, centralized corporation that acquires cost advantage through centralized production wherever cheaper resources are available,(3) an international company that builds on the parent corporation\'s technology or R&D,(4) a transnational enterprise that combines the previous three approaches. | |