Business Studies, asked by mskshoaib1, 10 months ago

How do look into the businesses determining the future of globalization? In which ways are Multinational companies playing a huge role, and in which ways they can or are supposed to step up more to apply a positive influence on society? Take a real life example of a multinational company and elaborate the above statement with it.

Answers

Answered by gratefuljarette
0

A real life example of a multinational company

Explanation:

  • Multinational companies play a major driving force of globalization and they occupy a central place in international business.
  • Walmart is retail industry which is ranked first among the others across the world.  
  • Walmart is a multinational company with the help of globalisation it started spreading its business to 15 countries and started earning more profits.
  • Walmart has a positive influence on society because of its standardized products and the customers have become loyal to the products of walmart.  
  • Walmart have become major impact of globalization due to its low price.

To know more:

How do look into the businesses determining the future of globalization?

https://brainly.in/question/18632734

Answered by bratislava
0

The globalization is being ore and more challenges and ompanes now play a huge role in society such role of sharing a social responsibility.

Explanation:

  • The globalization increased competition and which will lead to changes in the company's strategies. Today's MNC plays a huge role in global markets and this, directly and indirectly, impacts the customer's demands and production.
  • As when the company sells at a cheaper cost its ability to increase its market share.  
  • Globalization has enabled the firms to specialize which has brought a positive influence in today's society in terms of automobile production, and the consumer durables, etc.  
  • Many companies such as the banks, TCS, Mahindra, airtel and campaigning value the consumer social responsibility and provide support to the society by their social initiative as marathons and plantation drivers and other fundings.

Learn more about the determining the future of globalization? In which ways are Multinational companies playing a huge role, in society.

  • brainly.in/question/18632500 answered by gratefuljarette.
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