Multinational corporation

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The shipyard of the Dutch East India Company in Amsterdam, 1726.

A multinational corporation is an organization, that owns or controls production of goods or services in one or more countries other than their home country. It can also be referred as an international corporation, a transnational corporation, a stateless corporation, or a worldwide enterprise.

Quotes[edit]

  • Nation state as a fundamental unit of man's organized life has ceased to be the principal creative force: International banks and multinational corporations are acting and planning in terms that are far in advance of the political concepts of the nation-state.
  • Will it be a great source of comfort to certain Canadian boys to know that the bullet that maimed them for life was made from Canadian nickel sold by the International Nickel Company?
    • Tommy Douglas, Debate, House of Commons, Ottawa, Ontario, April 3, 1939.
  • The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.
    • Robert Gilpin, The Political Economy of International Relations (1987), p. 260
  • Academe has become a multinational corporation, and scholars have become businessmen, mobile merchants on the make.
    • Camille Paglia, “Junk Bonds and Corporate Raiders: Academe in the Hour of the Wolf,” Arion, Third Series, Vol. 1, No. 2 (Spring, 1991), p. 172
  • The lackluster nature of most multinational corporations emerging market strategies over the past decade does not change the magnitude of the opportunity. The real source of market promise is not the wealthy few in the developing world, or even the emerging middle-income consumers: It is the billions of aspiring poor who are joining the market economy for the first time.
    • C. K. Prahalad & Stuart L Hart, cited in: Jeffrey E. Garten (2002), The Politics of Fortune: A New Agenda for Business Leaders, p. 125

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External links[edit]

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