General objective of this article is to Define and Discuss on Multinational Corporation. If a company wants to venture into the international market, it will use several different methods. Inside each case, the levels of risk and control transfer together. The four most usual approaches include the subsequent: Exporting, Licensure agreement, Multinational approach and Joint ventures. Other important approaches are Global strategic partnerships, Wholly‐owned subsidiaries and Vertically integrated wholly‐owned subsidiaries.