Question

how do multinational corporations work ?
class 10​

Answer 1

A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods or services in various countries. The two main characteristics of MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies

Answer 2

Multi-national Corporations (MNCs)

• Set up partnerships with local companies for supply. Resulting in production of widely dispersed locations.
• Seeks the government policies which are favourable to it. For example, Flexibility of labour laws will reduce cost of production.