multinational corporation (MNC)
).It is a corporation or an enterprise that manages production or deliversservices in more than one country and also referred to asan
.The International Labour Organization (ILO) has defined an MNC as acorporation that has its management headquarters in one country,known as the
, and operates in several other countries,known as
.Some Multinational corporations are very big, with budgets thatexceed some nations' GDPs.