Explain MNC and its benefits.
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A multinational company is a global operation with the production and distribution of its goods located in numerous countries. ... The firm gains many benefits of being global – economies of scale in production, a global brand recognition and the ability to hire skilled labour from across the world.
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Explanation:
- A multinational company is a global operation with the production and distribution of its goods located in numerous countries.
- The firm gains many benefits of being global – economies of scale in production, a global brand recognition and the ability to hire skilled labour from across the world.
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