Assertion : Multinational corporations (MNCs) are enterprises with operations in more than one country. They are huge industrial organisations characterised by their large size, wide range of products and use of advanced technologies and sophisticated marketing strategies.
Reason : Huge capital resources: MNCs have huge resources as they are capable of generating capital from all over the world. As they have goodwill, they can also borrow from international banks and from a large number of investors who are willing to invest in them for huge return.
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