➡️ Multinational Corporations (MNCs) are large companies that operate in multiple countries. They are typically headquartered in one country, but have operations in many other countries.
➡️ MNCs are able to take advantage of economies of scale, access to new markets, and access to cheaper labor and resources.
➡️ MNCs can have a positive impact on the global economy by creating jobs, increasing trade, and providing access to new technologies and products.