what is the role of MNC in globalisation process?
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MNC's play an important role in the globalisation process. They compete with the local producers directly even after being miles apart, thus integrating the markets. Their working leads to exchange of investments and products which leads to interconnection between diverse countries
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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.
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