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Related Definitions
Nonprofit corporations Nonprofit corporations are organizations formed to further the interests and objectives of educational, religious, social, charitable, and cultural groups. No stock is issued, but the members of the organization enjoy the advantage of limited liability.
Multinational corporations (MNCs) Multinational corporations are defined as firms that engage in some form of international business. Their managers conduct international investing and financing decisions that are intended to maximize the value of the MNC.
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