what is a multinational corporation 
a multinational corporation mnc is a company that has business operations in at least one country other than its home country and generates revenue beyond its borders chances are the clothes you re wearing the smartphone in your pocket and the transportation you take to work all have one thing in common they were likely manufactured by an mnc as are 90 of american imports 12multinationals permeate nearly every aspect of our modern lives while wielding a staggering influence politically and economically with more than a quarter of american workers employed by one 3 the first multinationals were colonial enterprises the east india company formed 1600 dutch east india company voc 1602 and the hudson bay colony hbc 1649 stand out as central to imperialist histories whose rapaciousness still haunts anyone with even the vaguest sense of history 4 remarkably hbc endures as does its core business model sourcing clothing and other materials while holding massive amounts of real estate in one part of the world to sell finished goods to western consumers 5the mncs formed more recently have often not equipped themselves much better just 57 multinationals were responsible for unleashing 80 of global carbon emissions between 2016 and 2022 6 yet despite their ubiquity in what we wear and even the air we breathe there is still widespread confusion about what defines a company as multinational is it simply having offices or factories overseas selling products internationally or is there more to it multinationals have fundamentally shaped the flow of capital goods and services in a world that they helped connect perhaps more than any military during the centuries long process of globalization their incredible economic clout has also sparked heated debates around their power labor practices environmental impacts and tax avoidance strategies in this article we take you through their history organizational structures and complex role in globalization investopedia jessica olah