What do you understand by multinational companies and explain its features.
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The multinational companies are the ones incorporating in home country but their operations extending to other countries or the history countries.
Though the head office is still remains in the home country.
The features and importance of multinational companies are mentioned below-
Huge assets and huge turnover,
Having unity of control,
Possession of mighty economic power,
Professional management policy,
International business operations through the network branches,
Producing better quality products,
Aggressive marketing strategy and advertising,
Use of advanced sophisticated technology.
Though the head office is still remains in the home country.
The features and importance of multinational companies are mentioned below-
Huge assets and huge turnover,
Having unity of control,
Possession of mighty economic power,
Professional management policy,
International business operations through the network branches,
Producing better quality products,
Aggressive marketing strategy and advertising,
Use of advanced sophisticated technology.
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