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Multinational corporation

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A multinational corporation (MNC) is a corporation or enterprise that manages production establishments or delivers services in at least two countries. Very large multinationals have budgets that exceed those of many countries. Multinational corporations can have a powerful influence in international relations and local economies. Multinational corporations play an important role in globalization; some argue that a new form of MNC is evolving in response to globalization: the 'globally integrated enterprise'.

Part of this article consists of modified text from Metapedia, page http:en.metapedia.org/wiki/Multinational corporation and/or Wikipedia, page http:en.wikipedia.org/wiki/Multinational corporation, and the article is therefore licensed under GFDL.