A multinational corporation (MNC) is a company that operates in multiple countries, managing production or delivering services across international borders. These corporations often have a centralized head office in one country, which coordinates global operations, while maintaining subsidiaries or branches in other nations. MNCs can benefit from accessing new markets, reducing costs, and leveraging local resources. They play a significant role in the global economy, influencing trade patterns and employment. Examples of well-known MNCs include Apple, Coca-Cola, and Toyota, which have established a presence in various countries around the world.