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MNCs

MNCs

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Published by: api-3768662 on Nov 26, 2009
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03/18/2014

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Multinational
Corporations
Pankaj Jain
Lovely Professional University
Meaning
\ue000Normally considered as giant firms engaged

in productive activities of a corporate nature
with headquarters located in one definite
country and having a variety of business
operations in different countries in a broad
based manner.

\ue000Also called Transitional Corporations
5 Major Characteristics..
\ue000It operates in many countries at different level
of economic development
\ue000Its local subsidiaries are managed by
nationals
\ue000It maintains complete industrial organization
including research & development facilities in
several countries
\ue000It has multinational central management
\ue000It has multinational stock ownership.

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