Question

How establishment of multinational corporation marked thr true begning of globalisation

Answer 1

☻☻☻☻☻☻☻☻☻☻☻☻^_^ :-)☻establishment of multinational corporation marked the true begning of globalisation..are..
1)GLOBALISATION IS THE RAPID ITERGRATION OF THE GLOBAL ECONOMY THROUGH WHICH COUNTRIES INETERLINK IN A VARIETY OF WAYS.
2)GLOBALISATION HAS ENABLED IMPROVMENT IN TRADE AND COMMUNICATION WITH DIFFERENT COUNTRIES.
3)THE SILK ROUTE IS ONE SUCH EXAMPLE FROM EARLIER TIMES. OVER THE LAST 20-30 YEARS THERE HAS BEEN A TREAMENDOUS INCREASE IN GLOBALISATION WITH THE INCREASE IN THE NUMBER OF MULTINATIONAL CORPORATIONS.
4)MNCs ARE COMPANIES WHICH SET UP PRODUCTION IN MORE THAN ONE COUNTRY.
5)MNCs HELPS IN SET UP PRODUCTION WORLDWIDE WHERE CHEAP LABOUR IS AVAILABLE WHERE MARKETS ARE NEAR AND WHERE GOVERNMENT POLICES LOOKS AFTER THERE INTERESTS.SINCE THE MNCs ARE PRODUCING AS WELL AS SELLING IN MANY COUNTRIES THEY ARE INETRLIKING THE ECONOMICS OF THESE COUNTRIES AND THESE HELPS TO BEGIN THE GLOBALISATION .
6)THE MNCs IS NOT SELLING ITS FINISHED PRODUCTS GLOBALLY BUT MORE IMPORTANT THE GOODS AND SERVICES WERE PRODUCED GLOBALLY, AS A RESULT PRODUCTION IS ORAGNISED IN INCREASINGLY COMPLEX WAYS .
7) ITS CAUSES ABOUT 50-60% COST SAVING AND IT HAS EDUCATED ENGLISH SPEAKING YOUTH WHO CAN PROVIDE CUSTOMER CARE SERVICES THAT HELPS IN BEGINNING OF GLOBALISATION. ^_^...............☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻:-))