What is Multinational Corporations (MNCs) ? Write it's function
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Answer:
MNCs are the companies that have thier head office in one country and regional branches all over the world. Thier presence can be found in every country and their function is for providing access of different products to different countries and "Globalization.
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Question: Write a note on MNCs.
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- An MNC[Multi-National Corporation] is a company that owns or controls production in more than one Nation...
- MNCs set up offices and factories in regions where they can get cheap labour and other resources...
- This is done so that the cost of production is low, and they can earn greater profits...
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