list the advantages of MNCs over national company
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MNC is a company which own or control of production in more than one country.
Here are the some advantages of a MNC over a National company are cited below:-
1) Access to Consumers – Access to consumers is one of the primary advantages that the MNCs enjoy over companies with operations limited to smaller region. Increasing accessibility to wider geographical regions allows the MNCs to have a larger pool of potential customers and help them in expanding, growing at a faster pace as compared to others.
2)Accesses to Labor – MNCs enjoy access to cheap labor, which is a great advantage over other companies
3)Overall Development – The investment level, employment level, and income level of the country increases due to the operation of MNC’s.
4)Technology – The industry gets latest technology from foreign countries through MNCs which help them improve on their technological parameter.
5) R&D – MNCs help in improving the R&D for the economy.
Here are the some advantages of a MNC over a National company are cited below:-
1) Access to Consumers – Access to consumers is one of the primary advantages that the MNCs enjoy over companies with operations limited to smaller region. Increasing accessibility to wider geographical regions allows the MNCs to have a larger pool of potential customers and help them in expanding, growing at a faster pace as compared to others.
2)Accesses to Labor – MNCs enjoy access to cheap labor, which is a great advantage over other companies
3)Overall Development – The investment level, employment level, and income level of the country increases due to the operation of MNC’s.
4)Technology – The industry gets latest technology from foreign countries through MNCs which help them improve on their technological parameter.
5) R&D – MNCs help in improving the R&D for the economy.
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