what is centralised control in case of MNCs
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Explanation:
In the case of MNCs, which have diverse businesses across countries, the parent company (principal) needs to control the operations of the subsidiary companies (agent) to ensure that overall organizational objectives are met. ... Control does not necessarily mean retention of decision making power with the parent company.
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Answer:
In the case of MNCs, which have diverse businesses across countries, the parent company (principal) needs to control the operations of the subsidiary companies (agent) to ensure that overall organizational objectives are met. ... Control does not necessarily mean retention of decision making power with the parent company.
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