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Explain the following term/concept. Multinational Corporation. - Organisation of Commerce and Management

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Question

Explain the following term/concept.

Multinational Corporation.

Short/Brief Note
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Solution

  1. It is a business organisation that operates in many different countries.
  2. It conducts business activities in more than one country.
  3. It is controlled through a centrally located head office.
  4. They are also called as transnational or international corporations.
  5. Example: Bata India, Infosys, Tata Motors, etc.
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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 115]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 2. 6) | Page 115

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