Tuesday, November 22, 2011

Word of the Day: Multinational Corporation

A corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management. Very large multinationals have budgets that exceed those of many small countries.

4 comments:

  1. Let's just call it a combo word. That or please write an angry email to RT!

    ReplyDelete
  2. Next up, our new SE series Two Words of the Day.

    ReplyDelete
  3. It should be, "The phrase that pays."

    ReplyDelete

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