Question

1. Explain any three features of MNCs.​

Answer 1

Answer:

(i) Huge Assets and Turnover:

Because of operations on a global basis, MNCs have huge physical and financial assets. This also results in huge turnover (sales) of MNCs. In fact, in terms of assets and turnover, many MNCs are bigger than national economies of several countries.

Answer 2

Answer:

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Features of Multinational Corporations (MNCs):✔️

• (i) Huge Assets and Turnover: ...✔️

• (ii) International Operations Through a Network of Branches: ...✔️

• (iii) Unity of Control: ...✔️

• (iv) Mighty Economic Power: ...✔️

• (v) Advanced and Sophisticated Technology: ...✔️

• (vi) Professional Management: ...✔️

• (vii)Aggressive Advertising and Marketing✔️

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[I hope help ✔️✌️