Multinational corporations (MNCs) are believed to have a significant impact on global economies by promoting growth, employment, and social progress. They are responsible for creating new jobs, bringing in new investments and technologies, and supporting education. However, there is a debate about their influence and impact, with some viewing them as malevolent and receiving tax concessions from governments. MNCs are also responsible for transferring capital, technology, and entrepreneurship culture to host nations, leading to increased income and investment. While their role in globalization has been heavily debated, it is clear that they play a key role in the global economy.