Yes
Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.
There are two main reasons why a firm will build a facility in another country: 1) They want to have a manufacturing facility closer to one of their larger markets. 2) They can manufacture their products more cheaply overseas due to cheaper labour costs.
Exploitation of resources of third world countries.
D. by requiring the multinational to export a certain percentage of its productE2020 :)
P: More jobs are created. Higher salaries. More advanced technology is brought to the country. N: National products are produced less. Multinational corporations may take advantage of the country's conditions to pay less to employees or give them less benefits, insurances...
What are the advantages of multinational companies to the developing countries?
Nationalist organizations and multinational corporations
Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.
There are two main reasons why a firm will build a facility in another country: 1) They want to have a manufacturing facility closer to one of their larger markets. 2) They can manufacture their products more cheaply overseas due to cheaper labour costs.
It is a corporation/business entity/enterprise that manages production establishments or delivers services in at least two countries. There are three types of MNCs. They are: Horizontally integrated multinational corporations. Vertically integrated multinational corporations. Diversified multinational corporations.
Multinational corporations have made it possible for goods and services to be provided across the borders. They are important in stabilizing the economies of various countries.
Exploitation of resources of third world countries.
Transnational corporations are companies (such as mcdonalds) that have branches all over the world. They differ from Multinational Corporations as they are in more countries.
D. By requiring the multinational to export a certain percentage of its product.
D. by requiring the multinational to export a certain percentage of its productE2020 :)
P: More jobs are created. Higher salaries. More advanced technology is brought to the country. N: National products are produced less. Multinational corporations may take advantage of the country's conditions to pay less to employees or give them less benefits, insurances...
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