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What is meant by a multinational corporation (MNC)? Give 2 examples of MNCs that are U.S. based, and 2 that are based elsewhere but operate in the U.S.

The world of international business and management changes quickly. Discuss 2 actions that managers might take to stay well informed.

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What is meant by a multinational corporation (MNC)? Give 2 examples of MNCs that are U.S. based, and 2 that are based elsewhere but operate in the U.S.

A multinational corporation (MNC) is one in which facilities and other assets are located in at least one other country than its home country. According to Investopedia, nearly all major multinationals are located in America, Japan or Western Europe. Multinational corporations that are based in the United States include: Nike, Coca Cola, and Walmart. Multinational corporations that are based in other countries but have a US presence include: Mitsubishi (Japan), Toshiba (Japan), and Woolworths (Australia).

Multinational corporations are important to the business health of the United States economy and the economies of several countries throughout the world. These huge companies drive entrepreneurship and encourage technology transfer, which results in more job creation and distribution of wealth. Internally, they create a significant amount of ...

Solution Summary

This solution discusses multinational corporations (MNC) and lists several examples of MNCs. Additionally, this solution discusses actions that a manager might take to stay well informed in the ever changing world of international business.

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