describe the role of MNCs in promoting globalisation process in brief
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1 MNCs not only sell the products globally but the goods and services are produced globally
2 the production process is divided into small parts and is spread all across the world
3 This has resulted in integration of markets and production across contries
4 There is a flow of goods, services,investments and technology
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MNC's play an important role in the globalisation process.
They compete with the local producers directly even after being miles apart, thus integrating the markets.
Their working leads to exchange of investments and products which leads to interconnection between diverse countries.
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