Nearly all major multinational are American, Japanese or European, such as Nike, Coca-Cola, Pepsi, Honda, and Nokia. Can you guess, why?
Answers
Answer:
Industrialisation began from Europe and then spread to America and later to Japan. By the time India became independent; many companies of these countries had already become financially strong. This is the reason that most of the MNCs are from America, Europe or Japan.
Multi-national companies
Explanation:
Most MNCs have their origin in developed countries like the USA, Europe or Japan because these were the countries that adopted industrialization first. The developed nations had the capital and infrastructure to support these MNCs when they were established. The MNCs then spread their offices all over the world to capture new markets. The developed nations found it easy to coerce or manipulate the governments of other countries to facilitate the entry of these MNCs into other countries. These giants keep themselves ahead of competition by constantly investing in their business as well as acquiring smaller business in various countries.