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A Multinational Corporation (MNC) is a corporation with extensive ties in international operations in more than one foreign country. Examples are General Electric, Exxon, WalMart, Mitsubishi, Daimler Chrysler, etc...

A Transnational Corporation is a MNC that operates worldwide without being identified with a national home base. It is said to operate on a border less basis.

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Q: What is the difference between a Transnational corporation and a multi national corporation?
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