MNCs adopt the following practices in the area of Industrial Relations
A) Alternative Sources of Supply
B) Banning Trade Unions
C) Paying higher wages to employees
D) Stop wage negotiations
Answers
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Explanation:
B) Banning Trade Unions
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Option B is the correct answer i.e., Banning Trade Union.
- MNCs adopt the banning trade union practices in the area of Industrial Relations.
- A multinational corporation (MNC), sometimes known as a transnational corporation, is any business that is registered and operating simultaneously in more than one country.
- The company often has its headquarters in one country and runs fully or partially-owned subsidiaries in other countries.
- Multinational corporations maintain operations for production and marketing in various nations.
- The company may have various offices that work through several branches and subsidiaries in each country, which will aid in boosting the country's trade.
- It will contribute to a country's economic growth.
- It will give its citizens more work options.
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