describe the role of MNC (I want minimum 8 points)
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- KEY TAKEAWAYS
- Multinational corporations participate in business in two or more countries.
- MNC can have a positive economic effect on the country where the business is taking place.
- Many believe manufacturing outside of the U.S. has a negative effect on the economy with fewer job opportunities.
- A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management. These companies, also known as international, stateless, or transnational corporate organizations tend to have budgets that exceed those of many small countries.
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