expansion of MNC methods adopted
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A multinational corporation or multinationalenterprise is an organization that owns or controls production of goods or services in one or more countries other than their home country. The distinctive features of multinational companies are as follows.A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they coordinate global management.Features of Multinational Corporations (MNCs):
(i) Huge Assets and Turnover: ...
(ii) International Operations Through a Network of Branches: ...
(iii) Unity of Control: ...
(iv) Mighty Economic Power: ...
(v) Advanced and Sophisticated Technology: ...
(vi) Professional Management: ...
(vii)Aggressive Advertising and Marketing
(i) Huge Assets and Turnover: ...
(ii) International Operations Through a Network of Branches: ...
(iii) Unity of Control: ...
(iv) Mighty Economic Power: ...
(v) Advanced and Sophisticated Technology: ...
(vi) Professional Management: ...
(vii)Aggressive Advertising and Marketing
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Introduction to Multinational Corporations:
An important development in the post-war period is that of the spread of multinational corporations (MNCs) as the vehicle of foreign direct investments. These are also called as Transnational Corporations (TNCs).
Salvatore has defined them in these words, “These are the firms that own, control or manage production facilities in several countries.” Paul Streeten and S. Lal have defined MNCs from economic, organisational and motivational viewpoints. The economic definition of MNCs lays stress on the size, geographical spread and magnitude of investment.
An important development in the post-war period is that of the spread of multinational corporations (MNCs) as the vehicle of foreign direct investments. These are also called as Transnational Corporations (TNCs).
Salvatore has defined them in these words, “These are the firms that own, control or manage production facilities in several countries.” Paul Streeten and S. Lal have defined MNCs from economic, organisational and motivational viewpoints. The economic definition of MNCs lays stress on the size, geographical spread and magnitude of investment.
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