What is globalization? Describe the role of Multinational Corporations(MNCs) in promoting globalization process.
Answers
Answered by
3
Answer:
Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. The Multinational Corporations (MNCs) have played a major role in stimulating and spreading the process of globalization. ... Sometimes, the MNCs might also set up production with the local companies of a country as a joint responsibility, thus bringing in the latest technology and foreign investment.
Explanation:
Similar questions