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What do you mean by a Multinational Corporation? - Economic Applications

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What do you mean by a Multinational Corporation?

What is a Multinational Corporation (MNC)?

Explain the meaning of the following:

Multinational Corporation

Explain
Short Answer
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Solution

A Multinational Corporation (MNC) is a large company whose headquarters are in one country but owns or controls production, marketing, and service facilities in two or more countries; its operations, investments, and decisions are spread internationally to access markets, resources, and technology and to lower costs.

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Chapter 13: Globalisation - QUESTIONS [Page 182]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 13 Globalisation
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QUESTION | Q 5. (c) | Page 196
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QUESTION BANK | Q 6. | Page 196
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