Multinational corporations $($MNCs$)$typically get more than $25$ percent of their revenue from operations outside their home country. In addition, they have the following characteristics:

$1.$The various units of a multinational business work together closely, wherever they are located. They share people and resources so they can operate wherever in the world it is helpful to do so$\mathrm{.}2.$Typically, MNCs have a single, centralized management structure. While some MNCs may have managers in more than one country that are ultimately responsible for running the organization, centralization helps the company to integrate its work worldwide and to maximize profits$\mathrm{.}3.$MNC top managers typically consider the entire world when making strategic decisions, locating their production facilities, advertising, and marketing.

MNCs can be ethnocentric, having all of the operations in the world follow the lead of the home country; polycentric, setting up the company to operate differently in different locations; or geocentric, bringing worldwide operations together to establish practices that work for all countries. More and more MNCs are operating as geocentric companies these days.

People at the bottom of the pyramid typically earn:

less than $$1,500$ per year.

between $$5,000$ and $$10,000$ per year.

between $$10,000$ and $$15,000$ per year.

between $$1,500$ and $$5,000$ per year.