A ____can be defined as a company that controls or owns production in several countries.

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A Multinational Corporation (MNC) can be defined as a company that controls or owns production in several countries. Such companies target nations that offer them a suitable environment for production and running their businesses. They establish their offices and factories for display in those lands where they can avail of cheap and abundant labour and other factors of production. This is done to ensure that its production cost remains low. In this manner, MNCs ensure greater profitability and efficiency. These MNCs usually have great size, huge profits, and higher creditworthiness. Examples of MNCs are Samsung, Coca-Cola, Hyundai, etc.

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