The growing importance of international trade has led to globalization. And as a result, globalization has intensified the emergence and development of a very specific type of a business organization – a multinational company.
What’s a multinational company?
Any company that has operations overseas – producing goods and providing services in more than one country – becomes a multinational company. However, selling products (exporting) from a home country to other foreign countries is not enough to be called a multinational business.
Examples of multinational companies
Examples of large multinational companies include Apple, Coca-Cola, Exxon Mobil, HSBC, Microsoft, Nike, Samsung, Toyota, Walmart, etc. These all companies excel within their industries in terms of robust sales revenues, healthy profits, enormous assets and world’s largest market valuations.
In fact, most of the world’s largest Public Limited Companies (plc) listed on the stock exchange are all multinational companies. You can check S&P500 Index to browse through popular global businesses.
All in all, by definition, a multinational company is a business organization that operates in two or more countries.
