In: Economics
The global corporation has relations in trade with several other nations; and Multinational Corporation produces the items and services and has offices in many nations. Both the global and multinational companies have it's presence in multiple nations; and adapts messaging of marketing to fit each culture group. Both drive their best efforts to increase the sales and their profits. MNC holds more autonomy in each individual nation, and on contrary the global corporation is still beholden to its model as to be central operating.
Although the global corporation also has locations in multiple nations, however figured out to create a single company culture with a single set of processes which facilitate a more effective and efficient single global organization. A global corporation is one where it's business central headquarters makes the decisions for driving the entity, and the same product(s) are offered in each nation, regardless of local tastes and culture. On contrast Multinational Corporation localize the items as well as the marketing to fit the culture. The multinational corporation has a diverse work culture enriches different ideas and viewpoints that lead to problem-solving and creativity. The multinational corporation quickly adapt to cultural norms and provide wide networks and opportunities for its employees however pay low salary to local workers compared to global corporations