what are features of global enterprise
Answers
Answer:
Product Innovation
Expansion of Market Territory
Centralized Control
Foreign Collaboration
Huge capital Resources
hi frnd
(a) Huge capital resources : These enterprises are characterised by possessing huge financial resources and the ability to raise funds from different sources. They may issue equity shares, debentures or bonds to the public. They are also in a position to borrow from financial institutions and international banks.
(b) Foreign collaboration : MNCs usually enter into agreement with companies of host countries on the terms of sale of technology, use of brands names, etc. helping them to expand and diversify their business.
(c) Advanced technology : These enterprises possess technological superiorities in their methods of production. They are able to conform to international standards and quality specifications. This leads to industrial progress of the country in which such corporations operate since they are able to optimally exploit local resources and raw materials. Computerisation and other inventions have come due to the technological advancements provided by MNCs.
(d) Product innovation : These enterprises are characterised by having highly sophisticated research and development departments engaged in the task of developing new products and superior designs of existing products.
hope this helps you
brainliest answer please
follow me on Instagram @ishaagopika