Question

"MNCs are playing an important role in globalisation process". Justify the statement by giving any
3
five suitable arguments.​

Answer 1

Answer:

MNCs play an important role in the globalisation process.

They compete with the local producers directly even after being miles apart, thus integrating the markets. Their working leads to exchange of investments and products which leads ti interconnection between diverse countries.Multinational corporations are those large firms which are incorporated in one country but which own, control or manage production and distribution facilities in several countries. ... Thus multinational corporations are important source of foreign direct investment