Should more indian companies emerge as multinational corporations
Answers
Answer:
Yes, more Indian companies should emerge as MNCs. It would benefit the people in the country in the follwoing ways :
(a) New job opportunities have been created by the emergence of Indian companies as MNCs.
(b) Local companies that provide raw material and other services to these companies have prospered.
(c) Rise in production standards, improved the standard of living of the people.
Answer:-
Yes they should, because this wit) benefit Indian people as follows
(a) The Indian MNCs will make profits in foreign countries, which will improve the foreign exchange position of India.
(b) More Indian people will get an opportunity to work in foreign locations, thus improving their outlook as well as financial position.
(c) Employment in India will increase due to the increased requirement of persons in these Indian MNCs.
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Question: Should more Indian companies emerge as Multinational Corporations? How would it benefit the people in the country?
Answer: Yes, more Indian companies should emerge as MNCs for the following reasons:
The profit earned by the Indian MNCs would improve the foreign exchange position of India...
Employment opportunities would increase, thus improving the standard of living of the people...
The tax pool of the government would increase...
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