Multinational Corporation (Mnc) or Multinational Enterprise (Mne)

1954 Words Jan 18th, 2012 8 Pages
A multinational corporation (MNC) or multinational enterprise (MNE)[1] is a corporation enterprise that manages production or deliversservices in more than one country. It can also be referred to as an international corporation. The International Labour Organization (ILO) has defined[citation needed] an MNC as a corporation that has its management headquarters in one country, known as the home country, and operates in several other countries, known as host countries.
Some multinational corporations are very big, with budgets that exceed some nations' gross domestic products (GDPs). Multinational corporations can have a powerful influence in local economies, and even the world economy, and play an important role in international relations
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In 1984, Apple next launched the Macintosh. Its debut was announced by the now famous $1.5 milliontelevision commercial "1984". It was directed by Ridley Scott, aired during the third quarter of Super Bowl XVIIIon January 22, 1984,[39] and is now considered a watershed event for Apple's success[40] and a "masterpiece".[41][42]
In 1985 a power struggle developed between Jobs and CEO John Sculley, who had been hired two years earlier.[45] The Apple board of directors instructed Sculley to "contain" Jobs and limit his ability to launch expensive forays into untested products.Jobs resigned from Apple and founded NeXT Inc. the same year.[46]
1986–1993: Rise and fall

Having learned several painful lessons after introducing the bulky Macintosh Portable in 1989, Apple introduced the PowerBook in 1991. The Macintosh Portable was designed to be just as powerful as a desktop Macintosh, but weighed 7.5 kilograms (17 lb) with a 12-hour battery life. The same year, Apple introduced System 7, a major upgrade to the operating system, which added color to the interface and introduced new networking capabilities. It remained the architectural basis for Mac OS until 2001.
During this time Apple experimented with a number of other failed consumer targeted products including digital cameras, portable CD audio players, speakers, video consoles, and TV appliances. Enormous resources were
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