- Definition
A multinational corporation is a company that has its main office in one country but also does business, like making products or offering services, in other countries around the world.
McDonald's is a multinational corporation because its headquarters are in the United States, but it has restaurants in over 100 other countries.
How to teach this in 30 seconds
Try this analogy: Think of a multinational corporation like a video game company that has its main office here but has teams making and selling games all over the world.
Ask your child: What brands have you seen in our city that are also in other countries?
Common mix-up: Kids might think any big company is multinational. A company is only multinational if it operates in more than one country.
Examples
- Toyota is a multinational corporation with its main offices in Japan, but it builds and sells cars around the globe.
- Nike designs its shoes in the U.S. but manufactures them in factories in countries like Vietnam and Indonesia.
multinational corporation is a term used in Ontario’s Kindergarten to Grade 8 curriculum.
Where this shows up
The descriptions on this page are SmartStudy’s own original, plain-language writing — not the Ministry’s wording. They are aligned to the Ontario Curriculum, © King’s Printer for Ontario. For the Ministry’s official wording, see the source link below. SmartStudy is an independent service and is not affiliated with, endorsed by, or sponsored by the Government of Ontario or the Ministry of Education. Ontario Curriculum and Resources ↗
