Economy, asked by prafullathakkar29567, 11 months ago

what is mnc? why these is a need of mnc​

Answers

Answered by adarshbsp903
1

Answer:

An enterprise operating in several countries but managed from one (home) country. Generally, any company or group that derives a quarter of its revenue from operations outside of its home country is considered a multinational corporation.

There are four categories of multinational corporations: (1) a multinational, decentralized corporation with strong home country presence, (2) a global, centralized corporation that acquires cost advantage through centralized production wherever cheaper resources are available, (3) an international company that builds on the parent corporation's technology or R&D, or (4) a transnational enterprise that combines the previous three approaches

According to UN data, some 35,000 companies have direct investment in foreign countries, and the largest 100 of them control about 40 percent of world trade.

Answered by ishaanchaturvedi690
0

Answer:

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Explanation:

mnc means multi national compny

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