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megacorporations

 

Definitions from the Web

Megacorporations

Definition:

A megacorporation refers to a large and highly influential corporation that operates on a global scale, often dominating multiple industries.

Examples:

  1. Apple Inc. and Microsoft Corporation are two well-known megacorporations in the technology sector.
  2. Wal-Mart Stores, Inc. is a megacorporation that has a massive presence in the retail industry.
  3. The energy sector is heavily influenced by megacorporations such as ExxonMobil and Chevron Corporation.

Usage:

1. Popular Usage:

In popular usage, megacorporations often evoke a sense of power, influence, and dominance over various markets and economies.

2. Local Usage:

Locally, megacorporations can have significant impacts on communities, affecting employment opportunities, economic development, and local businesses.

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