Analyse the impact of globalisation on Multinational corporations in India
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While multinational corporations (MNCs) from developed countries have long pursued internationalization, firms from developing countries have also become global giants in the last 25 years. ... The results show that globalization does impact firm performance in the expected direction for both groups.
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Globalization increased competition in the Indian market between the foreign companies and domestic companies. With the foreign goods being better than the Indian goods, the consumer preferred to buy the foreign goods. This reduced the amount of profit of the Indian Industry companies.
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