Question

Understanding globalisation MNCs

Answer 1

Explanation:

growth models of Chinese multinational corporations - Du - Cited by 8

HRM implications for multiplication corporations in - Choy - Cited by 53

Answer 2

MNCs are the most common example as well as the output of the policy of Globalization.

Explanation:

Globalization refers to the process of going global.

In simpler terms, globalization is the process of integration of world economies and opening borders.

1. MNCs are the most common and thriving examples of globalization.
2. The governments of almost all the economies have opened their borders to entrepreneurs setting up companies in domestic lands. For this purpose special economic zones and various benefits have also been provided.
3. This helps in bringing development to the country where the MNC is set up.
4. It also improves the standard of life, employment opportunities, and technical know-how.