Multinational corporations (MNCs) are large companies that operate in multiple countries around the world. They manage production or deliver services in more than one nation, often having headquarters in one country while maintaining subsidiaries in others. This global presence allows MNCs to access new markets, resources, and labor. MNCs play a significant role in the global economy, contributing to trade and investment. They can influence local economies by creating jobs and fostering innovation. However, their operations can also raise concerns about labor practices, environmental impact, and the influence they exert on local governments and communities.