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Q.

What is the full form of MNCs?


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a

Multinational corporations

b

Multinational company

c

Multinational cooperation

d

None of the above 

answer is A.

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Detailed Solution

The full form of MNCs is Multinational corporations. It is a corporation that is registered and operates in several countries at the same time. They are also known as transnational corporations. The first MNCs were established in the 1920s. The MNCs became a notable feature of the 1950s and 1960s when US companies expanded worldwide, with the European and Japanese economies recovering from the onslaught of war and following in the footsteps of the US.
 
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