Question

4. Describe the role of Multinational Corporations(MNCs) in promoting globalization process.​

Answer 1

Answer:

The Multinational Corporations (MNCs) have played a major role in stimulating and spreading the process of globalization. ... Sometimes, the MNCs might also set up production with the local companies of a country as a joint responsibility, thus bringing in the latest technology and foreign investment.

Answer 2

Answer: The Multinational Corporations (MNCs) have played a major role in stimulating and spreading the process of globalization. 2. MNCs usually set up production units across the globe in places where the market is nearby, there is the availability of skilled and unskilled labour at low costs and other factors essential to the growth of production