what are the benefits of MNCs in a country
Answers
Explanation:
Impact of Multinational Companies (MNCs) on their Host Countries
Levels: A LevelExam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC
Potential Benefits of MNCs on Host Countries
The potential benefits of MNCs on host countries include:
Provision of significant employment and training to the labour force in the host country
Transfer of skills and expertise, helping to develop the quality of the host labour force
MNCs add to the host country GDP through their spending, for example with local suppliers and through capital investment
Competition from MNCs acts as an incentive to domestic firms in the host country to improve their competitiveness, perhaps by raising quality and/or efficiency
MNCs extend consumer and business choice in the host country
Above mention is your answer
