answersLogoWhite

0

Characteristics of MNC

Updated: 9/14/2023
User Avatar

Wiki User

12y ago

Best Answer

characteristics of MNC's[ MULTI-NATIONAL CORPORATIONS]:

  1. they operate in more than one country at he same time
  2. their main aim is to obtain the highest possible profit
  3. they invest large sums of money
  4. THEY AID LOCAL COMPANIES &attain their benefits
User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Characteristics of MNC
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Other Business

Does Reliance industry is an MNC or not?

relianc is mnc or not


Is reebok a mnc?

food


What are the features of MNCs?

1.Centralized management:-A MNC has its headquarter in the home country. It expands its business to other countries so it can easily manage companies.2.World Wide Spread of Business:-The business of the MNC is spread worldwide.3.Better Quality Product:-A MNC has to compete on world level therfore has to pay special attention on the quality.4. Formation:- MNC is similar to joint stock company & its formed or registered under company Act of respective country.5. Huge capital:- MNC are able to raise huge capital by issuing share to general public within in or outside the country6. Employed:- MNC is mainly employees higely qualified and professional persons . They are appointed on basis of merit.7. Multiple oprations- MNC caring multiple operation such as manufacturing, marketing, finance, advertisement, marketing and research etc.8. Better standard of living:- MNC contribute in batter standard of living in two ways (i) By providing employment (ii) by providing quality of product at low cost.9. Transfer of resources:- MNC helps to transfer the resources such as modern technology, skilled and professionals person, raw material etc from advance country to those country in which they operate there activities.


What is greenfielding?

Greenfielding refers to a situation when an MNC establishes a new site of production or service provision in another country. In this case the MNC will need to recruit a workforce and establish internal structures to manage the overseas operation.


Selling the right to use some intangible property for a fee or royalty is called?

Licensing?