Question

What is the role of globalisation in multinational companies heading wise.

Answer 1

Explanation:

The role of MNCs in the process of globalisation can be understood through the following five examples:

1. MNCs have led to the availability of products from all over the world in any country. For example, in India, corporations like Ford and Hyundai have led to a greater availability of cars from other countries.

2. MNCs from developing countries are also increasing their presence in developed countries. For example, Tata Tea purchased Tetley, a tea brand in Britain a few years ago.

3. They have led to a greater movement of labour across the world. For example, Indian software engineers working in TCS go the U.S. for work.