WHAT IS A MULTINATIONAL CORPORATION?
As the name implies, a multinational corporation is a business concern with operations in more than one country. These operations outside the company's home country may be linked to the parent by merger, operated as subsidiaries, or have considerable autonomy. Multinational corporations are sometimes perceived as large, utilitarian enterprises with little or no regard for the social and economic well-being of the countries in which they operate
A multinational corporation or multinational enterprise is an organization that owns or controls productions of goods or services in one or more countries other than the home country. It can also be referred as an international corporation, a "transnational corporation", or as a stateless corporation.
A multinational corporation is usually a large corporation which produces or sells goods or services in various countries. It may be attributed as multinational corporation when a corporation is registered in more than one country or has operations in more than one country
Multinational corporations take many different forms and engage in many different activities
-Importing and exporting goods and service
-Making significant investments in a foreign country
-Buying and selling licenses in foreign markets
-Engaging in contract manufacturing—permitting a local manufacture in a foreign country to produce their products
-Opening manufacturing facilities or assembly operations in foreign countries
The problem of moral and legal guiding behaviors of multinational corporations, given that they are effectively "stateless" actors, is one of the urgent global socioeconomic problems that emerged during the late twentieth century