Question

Disadvantages and advantage of mncs

Answer 1

Heyy it's Sneha

here is ur answer

MNC stands for multinational companies

Advantages>>
1. It increase the choice of goods
2. It give us better quality goods at cheaper rate
3. It provide us the goods from bigger countries
4.It provide us broader market base

Disadvantages>>>>
1. It decreases the economic rate of some countries like India
2. It increase poverty rate in many countries

Hope it helps

#deep

Answer 2

Following are the advantages of MNCs
. they bring foreign investment
. it incresed choice of goods
. due to competition between MNCs and local companies quality of goods increased and cost reduced

disadvantages
. due to competition with MNCs small scale industries could not sustain and perished
. with huge wealth and power MNCs influence political and economic decision taken in a country
. due to MNCs their is a flexibility in labour laws which led to insecure job of workers and increased working hours.