What is the difference between MNC and Global Company? - ProProfs Discuss
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What is the difference between MNC and Global Company?

Asked by B. Wright, Last updated: Sep 05, 2019

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G. Horace

G. HoraceContent Developer, Chicago
Content Developer, Chicago

Answered on Sep 05, 2019

MNC stands for Multi-National Company. This is a company that can offer different products, items, and services to various countries from all over the world. A global company is a type of company that may have trade relations in various countries. Some employees may be confused with which one they should choose. Global companies are known to provide higher salaries as compared to MNC companies which can help you in making a decision.

MNCs will usually have headquarters that will also serve as their main office but global companies will not need this anymore. MNC companies may make some adjustments to the products that they are selling depending on the country where they are trying to promote their product. Global companies will offer their products as is to the countries that they will trade items with.

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W. Kaye

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W. KayeEx-Marine, Post Graduate, Chapel Hill
Ex-Marine, Post Graduate, Chapel Hill

Answered on Aug 22, 2019

MNC is an abbreviation for a multinational corporation. A multinational corporation is a company which produces goods and services. It has offices in several other countries, while a global corporation is a company which also has trade relations with numerous other countries. MNC's generally pay local workers a lower salary rate than global companies.

MNC's have official headquarters, but global companies do not. MSN's are comprised of self-governing units, which are parts of one parent or global company. Global companies present the same product and image all the way through, while MNC's will adjust products and vision to cater to the needs of the host countries. An excellent example of a global company is McDonald's, which has stores in most parts of the world.

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