Multinational company in india positive and negative
Answers
Answer:
Explanation:
Advantages
●MNC's help in increase foreign investment
●The setting up of the multinational companys provide good opportunity of employment to the local population
●With the setting up of the multinational companys the human and physical resources lying idle are put to proper use
●MNC's make it possible to carry the advantages of technical development made in one country to the other country
●MNC's help in ending up of local monopoly
●MNC's help in managerical development
●MNC's help in increase in export
DISADVANTAGE
●Setting up of MNC's put domestic companies in danger because they possess (MNC's ) huge financial resources
●These companies earn huge profits and they carry this profit to their countries means a large amount of foreign exchange goes outside the country
●The MNC's establish their supremacy in the underdeveloped countries simply because to their immersely favourable position
●The MNC's use the natural resources very carelessly (improper use)
●There are no profit to poor section from their setting up