What are multinational corporations? What are the principal stages in the development of multinational corporations?
A multinational company (MNC) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of __________ __________ ______ __________ _______ ____ _____ _______.
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