Definition of «multinational»

The term multinational refers to a company or organization that operates in multiple countries. This can include businesses, non-profit organizations, and even government agencies. A multinational corporation (MNC) is typically headquartered in one country but has operations, subsidiaries, or affiliates in several other countries around the world. The term "multinational" often implies a level of global reach and influence that extends beyond national borders.

Usage examples

  1. Multinational corporations play a key role in the global economy by operating in multiple countries, such as Apple, BMW, and Samsung.
  2. The headquarters of a multinational company is usually located in one country, while it has subsidiary branches and operations in various other nations.
  3. Global brands like Coca-Cola and McDonald's are examples of multinational businesses that have successfully established their presence in countless countries across the globe.
  4. Multinational companies often face complex challenges due to cultural differences, varying market regulations, and the need to adapt their products and services to different regions.
  5. International trade agreements aim to facilitate the operations of multinational corporations, promoting economic growth and fostering cooperation between nations.
  6. Multinational companies may choose to outsource production to countries with lower labor costs, such as Nike's production in numerous Asian countries.
  7. Multinational corporations contribute significantly to the host economies by creating employment opportunities, driving innovation, and attracting foreign direct investment.
  8. Governments often provide incentives and benefits to attract multinational companies, such as tax breaks or relaxed regulations, to boost their domestic economies.
  9. Critics argue that the activities of multinational corporations can also have negative effects, such as exploitation of resources, exploitation of labor, and widening income inequality.
  10. The rise of multinational companies has led to increased competition in the global market, as they expand their operations and vie for customers across different countries.

Sentences with «multinational»

  • There are also a variety of large multinational companies operating in oil, shipping and medical services. (trustedchoice.com)
  • That's right, brands aren't just for multinational corporations to slap on packaging and billboards. (lulu.com)
  • The team acts worldwide for a number of multinational companies. (eversheds-sutherland.com)
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