why are Global enterprises considered superior to other business organisation.
Answers
Answer:
Global enterprises are considered superior to other business organisations because: Advanced Technology: MNCs use advanced and sophisticated technology in their production process. Huge wealth: MNCs have huge physical and financial assets. It keeps on increasing with increase in network of operations.
Explanation:
Answer:
Global enterprises are spread all over the globe or in other words all over the world.They have different centres in many parts of the world.Due to this they get profits from many places .As a result their employees also get higher income and they start improvising their features etc.Hence they win recommendation and recognition from all parts of the world
On the other hand other organisations work at national or local level .These businesss are not all over the world .Only the native country or place knows them .Their profit is hence lower than global enterprises.They aren't recognized worldwide
Hence Global enterprises are considered superior to other business organisation
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