Multinational companies (MNCs) are businesses that operate in multiple countries, managing production or delivering services across international borders. They often have a headquarters in one country, while establishing branches, subsidiaries, or joint ventures in others. This global presence allows MNCs to access new markets, resources, and talent. MNCs can significantly impact local economies by creating jobs, investing in infrastructure, and contributing to tax revenues. However, they may also face criticism for exploiting labor, influencing local politics, or prioritizing profits over social responsibility. Examples of well-known MNCs include Apple, Coca-Cola, and Toyota.