<P> The main characteristics of multinational companies are: </P> <Ul> <Li> In general, there is a national strength of large companies as the main body, in the way of foreign direct investment or acquire local enterprises, established subsidiaries or branches in many countries; </Li> <Li> It usually has a complete decision - making system and the highest decision - making center, each subsidiary or branch has its own decision - making body, according to their different features and operations to make decisions, but its decision must be subordinated to the highest decision - making center; </Li> <Li> MNCs seek markets in worldwide and rational production layout, professional fixed - point production, fixed - point sales products, in order to achieve maximum profit; </Li> <Li> Due to strong economic and technical strength, with fast information transmission, as well as funding for rapid cross-border transfers, the multinational has stronger competitiveness in the world; </Li> <Li> Many large multinational companies have varying degrees of monopoly in some area, due to economic and technical strength or production advantages . </Li> </Ul> <Li> In general, there is a national strength of large companies as the main body, in the way of foreign direct investment or acquire local enterprises, established subsidiaries or branches in many countries; </Li> <Li> It usually has a complete decision - making system and the highest decision - making center, each subsidiary or branch has its own decision - making body, according to their different features and operations to make decisions, but its decision must be subordinated to the highest decision - making center; </Li>

The term multinational corporation is used to describe a firm that operates in two or more countries