Explain the role of multinational corporation in the globalisation process
Answers
Answer:
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 ti interconnection between diverse countries.
MNC assumes an significant job in the globalisation procedure.
Points are :-
1. MNC control creation in more than one nation.
2. They contend with the nearby makers legitimately significantly subsequent to being miles separated, accordingly incorporating the business sectors.
3. Their working prompts trade of speculations and items which prompts interconnection between differing nations.
Nations get connected when development of merchandise, individuals, speculation and administrations between various nations happens. They can be connected as makers or customers of same items or one can be a maker and the other buyer. The ongoing progression in innovation, transport and conveying frameworks has upgraded globalisation.