Question

hey guys♡
what are the advantages and disadvantages of mnc's?

Answer 1

Hey mate ✌✌❤❤..
Here's ur answer ...
✨List of Advantages of Multinational Corporations
1. Cheaper Labor
One of the advantages of multinational corporations is the opportunity to operate in countries where labor is not as expensive...
2.Broader Market Base
By opening establishments or offices in several countries, multinationals increase their chances of reaching out to customers on a global scale, a benefit which other companies limited to regional offices and establishments do not have. The access to more customers gives them more opportunities to develop and cater their products and services that will fit the needs of potential customers.

3. Tax Cuts
Multinationals can enjoy lower taxes in other countries for exports and imports, an advantage that owners of international corporations can take at any given day.

✨✨List of Disadvantages of Multinational Corporations

1. Potential Abuse of Workers
Multinational companies often invest in developing countries where they can take advantage of cheaper labor. Some multinational corporations prefer to put up branches in these parts of the world where there are no stringent policies in labor and where people need jobs because these multinationals can demand for cheaper labor and lesser healthcare benefits.

2. Threat to Local Businesses
Another disadvantage of multinationals in other countries is their ability to dominate the marker. These giant corporations can dominate the industries they are in because they have better products and they can afford to even offer them at lower prices since they have the financial resources to buy in bulk...

Hope it helps you ✌✌✨✨❤❤...