1/11. 1  You've been to tropical beaches, museum-hopped in a few European capitals, and drank more than your fill in Cancun. Now you're ready for something a little more avant-garde when it comes to your next vacation destination, but you're on a tight budget.
A multinational corporation (MNC) or multinational enterprise is an organization that owns or controls production of goods or services in one or more countries other than their home country.he history of multinational corporations is closely intertwined with the history of colonialism, with the first multinational corporations founded to undertake colonial expeditions at the behest of their European monarchical patrons.
Some argue that ownership is a key criterion. A firm becomes multinational only when the headquarter or parent company is effectively owned by nationals of two or more countries. For example, Shell and Unilever, controlled by British and Dutch interests, are good examples.However, by ownership test, very few multinationals are multinational.n international company is multinational if the managers of the parent company are nationals of several countries. Usually, managers of the headquarters are nationals of the home country. This may be a transitional phenomenon. Very few companies pass this test currently.