Question

Write down the role of mncs in globalisation process , flexibility in labour laws and steps to create units in sez

Answer 1

Answer:

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Answer 2

Role of MNC’s in globalization process:

The important role of the Multi-National Companies towards the process of globalization and involving the flexibility to the laws of labor, and creating units in SEZ are as the follows,

• They made available the local product on the global scale.
• These establishments led to the marketing of the developing country’s product make a mark on the soils of developed country.
• Through the major marketization, the labor gained access to major movement around the globe.
• Foreign capital have increased as inflow to the country.