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Ǐ Business & Economy
Global Issues
Influential Businesses: Multinational Corporations
In modern society, there are great numbers A multinational corporation can also be
of corporations which have survived through referred as an international corporation, a
a lot of competition against others. In these "transnational corporation", or a stateless
competitions, a few enterprisers and economists corporation. This term of Multinational
have tried to make innovative systems of Corporation was derived from the book of D.E
company operation. And one of their thoughts David Eli Lilienthal, Big Business: A New Era.
was how about using the whole world to The substantive vitalizations of Multinational
earn more money? This idea was reworded, Corporations were started by US companies
compensated and became the concept called in 19th century. The current Multinational
multinational corporation. Corporations are companies such as Nike,
A multinational corporation or worldwide Adidas, Samsung, Hyundai, Standard Oil
enterprise is an organization that owns or Company etc. These corporations have
controls production of goods or services in employed considerable foreign workforces
one or more countries other than their home and made enormous profits from foreign and
country. Moreover, it usually sets branches domestic economy. So they have didn’t need
and subsidiaries throughout the world and to divide domestic market and global market
by producing and selling their products from because consumers who need their products
the whole world, their management activities are all around the world rather than around the
improved. head offi ce.
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