1.What is an MNC?
2.What are the features of MNCs?
Answers
1.What is an MNC?
An MNCs is a company that owns or controls production in more than one nation.
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2.What are the features of MNCs?
The features of MNCs are - :
- It owns production units in more than one nation.
- It employs labour from different countries and in different production units.
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Hope it helps!! ✌️☺️✌️
Hey buddy!
Here's your answer:
MNC:
mnc refers to multinational corporations, these are big companies which have their initial center at a specific place but have many offices worldwide, they sell their product worldwide. For eg; TATA ( automobiles )
is an indian mnc
FEATURES OF MNC's:
1. mnc's are very large in size and have huge capital investment.
2. They Sell their product and operates in many countries
3. They have large number of customers worldwide
4.They Manufacture the product globally thus saving 60 to 70 % of their money.
5. They have competitions from many other companies.
Tysm Buddy ❤️
I completed my century with this answer And all the credit goes to you and all the others. Hoping to answer many other questions as well. I am there to help you anytime.