Multinational definition

Multinational consists of two different words, ‘multi’ and ‘national.’ The prefix ‘multi’ means ‘many’, while the word ‘national’ refers to nations or countries. Therefore, a multinational company may be defined as a company that operates in several countries. Such a company has factories, branches and in more than one country. According to the United Nations Commission on Multinational Corporations, a multinational corporation is a corporation which operates, in addition to the country in which it is incorporated, in one or more other countries FEATURES
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Multinational means that the qualifying entity, or its affiliate or subsidiary, conducts business in two or more countries, one of which is the United States.
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Multinational here means that there were many different geographically concentrated ethnic groups (nationalities) within Russia, many of which aspired to have their own nation-state one day.
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Examples of Multinational in a sentence

  • The Contracting Parties express their commitment to the international framework on Business and Human Rights, such as the United Nations Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises, and commit to strengthen this framework.

  • In this regard, the Parties acknowledge the importance of internationally recognised principles and guidelines, such as the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct, the ILO Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy, the UN Global Compact and the UN Guiding Principles on Business and Human Rights.

  • Large Guest Houses or Large Guest Houses 3 Star or above Hotels of reputed/ Multinational Companies.

  • Each Party shall, to the extent practicable, promote the application, in accordance with its national regulations, of the OECD Rules for Multinational Companies insofar as they do not conflict with its national law.

  • In addition, Corporation may at its option enter into an agreement with a Multi-national company or National Company with at least a half billion in annual revenues to Private Label the products covered by this agreement for sale in any Territory as an exclusion to this agreement provided the products are promoted and sold under a different name and trademark.

  • The Parties agree to encourage investors to conduct their investment activities in compliance with the OECD Guidelines for Multinational Enterprises and to participate in the United Nations Global Compact.

  • GM is also committed, and expects suppliers to commit, to the OECD Guidelines for Multinational Enterprises; the International Labor Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work; the International Bill of Human Rights; the Universal Declaration of Human Rights; and the International Covenant on Economic, Social and Cultural Rights.

  • Organizational Members – divided into (i) Standard Members; (ii) Multinational Members; (iii) Principal Members and (iv) Strategic Members.

  • A Multinational Force (MF) shall be established to provide security guarantees to the Parties, act as a deterrent, and oversee the implementation of the relevant provisions of this Agreement.

  • The Multinational Force (MF) established under Article 5 shall be an integral part of the IVG.

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