Question

State the answer for this 3 mark question.

Answer 1

MNC's or Multinational corporations are the companies that owns or controls production in more than one nation.

It's features are:

•The goods and services are produced globally. As a result, production is organised in increasingly complex ways.

•MNC's are playing a major role in the globalisation process.

•MNC's helps in the movement of goods and services, investments and technology between different countries.