Economic Definition of multinational company. Defined.
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Term multinational company Definition: A business that operates in two or more countries. With increased foreign trade, many businesses in the United States, as well as other nations, have found it worthwhile to open offices, branch plants, distribution centers, etc., around the globe. Almost all of the "big boys," like General Motors, Sony, IBM, British Petroleum, Mitsubishi, and Exxon, are multinational companies. As multinational companies grow bigger and extend their operations world-wide, some people feel that they lose their sense of country loyalty or national identity.