Question

write a short note on mnc

Answer 1

Question: Write a note on MNCs.

Answer:

• 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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Answer 2

Write a short note on MNC?

Short note on MNC :

An MNC (Multi Nation Corporation) refers to a company that does not do business in any one country but does business in different countries.

A company that conducts business activities in more than one country is called a multinational company.

A multinational company also generates at least 25% of its total revenue outside its country of origin. A multinational company is spread its business in different countries of the world. It has offices and factories in different countries. Its units are according to the rules of that country.

The products of the multinational company are famous all over the world. For example, Samsung, Apple, and Microsoft are all multinational companies whose products are popular all over the world.

Today, the majority of global trade is dominated by multinational companies.

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