Question

what are the advantages and disadvantages of multinational companies​

Answer 1

Advantages:

1. Multinational corporations are often responsible for today’s best practices.

2. Innovation happens because of the investments made by multinational corporations.

3. The world has more cultural awareness because of multinational corporations.

4. Multinational companies focus on consistency for the consumer.

Disadvantages :

1. Multinational corporations can use their structure to form monopolistic markets.

2.Political corruption typically rises with the influence of a multinational corporation.

3. Multinational corporations often take advantage of the international standard of living.

4. Multinational corporations can cause harm to the environment.

Answer 2

Advantages and Disadvantages of multinational companies:

Advantages:-

1. Competition among countries increased.
2. Quality improvement.
3. Decrease in prices.
4. Increase in production.
5. Increase in access of goods and services.
6. Development in research and technology
7. Increase in employment opportunities.

Disadvantages:-

1. Decline in small scale industries.
2. No employment opportunities for unskilled labourers.
3. Agriculture is affected.
4. Environment is affected
5. Exploitation of natural resources.
6. Value of currency is determined internationally.
7. Indigenous languages and cultures affected.