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A Multinational Shipping Corporation is a company that has significant operations in more than one country. Basically, a multinational corporation is an organization that is involved in doing business at the international level. It carries out its activities on an international scale that disregards national boundaries, while being guided by a common strategy from a corporation center. (Certo, 2003)
In contrast to the international model, the multinational corporate model uses subsidiaries (i.e., independent companies) in each country in which the company does business and provides a great deal of discretion to those subsidiaries to respond to local conditions...
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