What are MNCs and their function
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MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. The various functions of MNC are:
Promotion of foreign investment
Technology transfer
Promotion of exports
Investment in infrastructure
But it do not always do the marketing of primary goods, manufactured goods or produce manufactured goods.
Promotion of foreign investment
Technology transfer
Promotion of exports
Investment in infrastructure
But it do not always do the marketing of primary goods, manufactured goods or produce manufactured goods.
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