Globalisation has resulted in many companies setting up or buying operations in other countries. When a foreign company invests in a country, perhaps by building a factory or a shop, this is called inward investment.
Companies that operate in several countries are called multinational corporations (MNCs) or transnational corporations (TNCs). The American fast-food chain McDonald's is a large MNC - it has approximately 30,000 restaurants in over 100 countries.
The majority of MNCs come from developed countries such as the USA and UK. Many multinational corporations invest in other developed countries. For example, the American car company Ford makes large numbers of cars in the UK.
However, MNCs also invest in developing countries such as the British DIY chain B&Q. It now has stores in China.
There are several factors to attracting MNCs to a country: