A "multinational" refers to a company or organization that operates in multiple countries around the world. These businesses often have headquarters in one nation but conduct their operations, production, and sales in various other countries. This allows them to reach a larger market and take advantage of different resources and labor costs. Multinational companies, like Coca-Cola or Apple, benefit from diverse markets and can adapt their products to meet local preferences. They also contribute to the economies of the countries they operate in by creating jobs and investing in local communities, while sometimes facing challenges related to regulations and cultural differences.