Multinational Companies

• What is a business organized as a multinational company (MNC)?

  A business with operations in multiple countries
• How are MNCs typically associated with globalisation?

  MNCs relocate manufacturing to lower labour costs
• Why do MNCs relocate their manufacturing facilities?

  To increase their profits
• What defines a multinational company?

  It has elements of its business in several countries
• What can be located in numerous countries within a multinational company?

  Different components of the supply chain
• What are the key characteristics of multinational companies (MNCs)?

  • Operate in multiple countries
  • Relocate manufacturing for cost efficiency
  • Elements of business spread across nations
  • Supply chain components in various locations