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Q.

The full form of MNC is [[1]]


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Detailed Solution

The full form of an MNC is Multi National Company. Offices and factories of such MNCs are spread across several countries. Global production and management are coordinated through the headquarters. MNCs do business with two or more companies. These are said to bring positive economic growth to any country. The headquarter is usually in the home country, with offices in other countries. The vulnerability of MNCs comes in the form of instabilities in each of the countries in which they operate. MNCs may either be centralised or decentralised. Their presence might only be strong in the home country. On the other hand, they can exist as a transnational institute.
 
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