describe main features of MNC's.?
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- foreign direct investment it means investment made by company based in one country into a company based in another country MNCs setup the production units by setting of factories or offices in the foreign country
- partnership joint venture sometimes MNCs join hands with local company and produced jointly in this way this provide money for additional investments like buying new machines for faster production and bring latest technology for production
- local companies /mergers / takeover MNCs by up local production units are much with local companies is expand production for example Cargill foods of USA has been taken over by truck foods in India investment the money stand to buy a cell such as land building machine and other equipments
- contracts to local companies MNCs also please order around the world with the large number of small product is a sell this product under its brand name and determine the price, quality, delivery and Labour condition for this assistant producer example :-footwear ,sports ,goods ,garments etc
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the main features of MNCs are
- It provide international operation through a network of branch .
- Mighty economic power
- Advanced and Sophisticated Technology:
- MNCs are characterized by unity of control.
- A MNC employs professionally trained managers to handle huge funds, advanced technology and international business operations.
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