MNC
noun
A multinational corporation or company: the event will be attended by CEOs from top MNCs MNCs are likely to bring employment practices characteristic of their home country to countries in which they have subsidiaries...
- Acquisitions will be another important driver in the evolution of the Indian MNC.
- One implication is that continuing differences in national cultures constrain the ability of an MNC to diffuse practices across countries.
- The huge talent pool, low cost and strong research infrastructure attract many MNC to set up R&D centres in India.
Origin
1970s: abbreviation.