Question

Explain any 10 disadvantages of Multinational Corporations ?

Each point should be well explained with reason .

Class - 10th
Chapter - Globalisation and the Indian Economy

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Answer 1

Answer:

Answer:

List of the Disadvantages of Multinational Corporations

1. Multinational corporations can use their structure to form monopolistic markets.

2. Because of their size, multinational corporations put SMEs out of business.

3. Multinational corporations often take advantage of the international standard of living.

4. Political corruption typically rises with the influence of a multinational corporation.

5. Multinational corporations can cause harm to the environment.

6. Profits often go back to the multinational company instead of staying in the local market.

7. Nothing stops a multinational company from importing their skilled labor.

8. Multinational corporations remove raw materials from the local economy.

9. Individual influences are virtually impossible to create with multinational corporations.

10. It creates a dependency on the business that can be unhealthy for an economy.

Explanation:

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Answer 2

Answer:

List of the Disadvantages of Multinational Corporations

Multinational corporations create higher environmental costs. ...

Multinational corporations don't always leave profits local. ...

Multinational corporations import skilled labor. ...

Multinational corporations create one-way raw material resource consumption.