What are the Differences Between Multinational and Global Companies?

[Suba]

In the world of international business, we often hear the terms "global" and "multinational." These two terms seem similar, and many people even use them interchangeably. It may seem like there's no difference. However, a closer look reveals numerous differences across all aspects, including operational scope, organizational structure, business and marketing strategies, and more. Would you be willing to explain the differences between global and multinational companies?

 

[wisdom01]

Scope and reach! Multinationals operate in multiple countries, while global companies have a unified presence across the world.

 

[Starmix]

Multinational companies operate significantly in a certain logical place in a country. They can also export their products like the Del Monte Philippines, Nestle Philippines, and more. They can operate globally depending on their affiliates abroad, and the products that aren't sustainable abroad after which they need global connection where products they need most are there.