A multinational organization operates in more than one country, with its headquarters in one home country and operations in multiple host countries. Multinationals transfer technology, capital, and entrepreneurship between countries, increasing investment, income, employment, and availability of products in host countries while helping equalize costs globally and integrate economies. They provide benefits like jobs, skills, and modernization to host countries, while gaining advantages like access to cheap labor and materials for the home country. Common multinational organizations include companies like Coca-Cola, Toyota, and Nestle that have global operations across many nations.