How has globalisation enabled the national companies to emerge as multinational companies (MNCs)
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The following points show How has globalisation enabled the national companies to emerge as multinational companies:
- Multinational corporations are a function of this interconnectedness, as they can form and utilise the connections between national economies, to operate within multiple countries.
- Such flows combine to form a global economic network, which is comprised of multiple national economies.
- National companies due to globalization can expand their business in other countries which not only brings profit but also contribute to economic factors of other countries such as the opportunity of employment in those countries.
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