Multinationals
Multinationals, or multinational corporations (MNCs), are companies that operate in multiple countries beyond their home nation. They manage production or deliver services in various locations, often to take advantage of local resources, labor, or markets. Examples of well-known multinationals include Apple, Coca-Cola, and Toyota.
These corporations typically have a centralized head office in one country, which coordinates global operations. Multinationals can influence local economies by creating jobs, investing in infrastructure, and contributing to tax revenues. However, they may also face criticism for practices like exploiting labor or impacting local businesses.