A Multinational Company is an organization that has its operations in more than one country. It is sometimes known as a transnational company or an international company. There are a number of advantages of being a multinational company such as:
- Utilizing factors of production from a number of countries.
- Cost advantage from cheap labor costs
- Cheap raw material from different parts of the world.
- Influence on Government policies.
- Plays a key role in globalization
