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How do countries protect their domestic economy from excessive influence by multinational corporations?
Wiki User
∙ 12y ago
D. By requiring the multinational to export a certain percentage of its product.
Wiki User
∙ 12y ago
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Why do terrorist often oppose multinational corporations?
The corporations represent the spread of American culture. The corporations have influence on foreign governments. The corporations threaten to alter ancient cultures.
In many African countries have obtained mining rights and provided plants and technicians?
Multinational corporations have built factories and supplied technicians in some countries. To prevent these large corporations from gaining too much influence, some African governments own 51 percent of all key industries.
Examples of multinational corporation?
A Multi National Corporation (MNC) or Trans National Corporation (TNC), also called multinational enterprise (MNE), is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation. The International Labour Organization (ILO) has defined "an MNC as a corporation that has its management headquarters in one country, known as the home country, and operates in several other countries, known as host countries".The first modern multinational corporation is generally thought to be the East India Company. Many corporations have offices, branches or manufacturing plants in different countries from where their original and main headquarters is located.Some multinational corporations are very big, with budgets that exceed some nations' GDPs. Multinational corporations can have a powerful influence in local economies, and even the world economy, and play an important role in Internaion Corporations are:Pepsi Co.Procter & GambleLever Brothers etc.
What makes primark TNC?
A multinational corporation (or transnational corporation) (MNC/TNC) is a corporation or enterprise that manages production establishments or delivers services in at least two countries. Very large multinationals have budgets that exceed those of many countries. Multinational corporations can have a powerful influence in international relations and local economies. Multinational corporations play an important role in globalization; some argue that a new form of MNC is evolving in response to globalization: the 'globally integrated enterprise'.i got this from yahoo answers by the way.
What is trance national company?
multinational corporation, business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th cent. and proliferated after World War II. Typically, a multinational corporation develops new products in its native country and manufactures them abroad, often in Third World nations, thus gaining trade advantages and economies of labor and materials. Almost all the largest multinational firms are American, Japanese, or West European. Such corporations have had worldwide influence-over other business entities and even over governments, many of which have imposed controls on them. During the last two decades of the 20th cent. many smaller corporations also became multinational, some of them in developing nations. Proponents of such enterprises maintain that they create employment, create wealth, and improve technology in countries that are in dire need of such development. Critics, however, point to their inordinate political influence, their exploitation of developing nations, and the loss of jobs that results in the corporations' home countries.
What corporations are more financially powerful than small countries?
Yes, there are many world corporations that have more money, influence, and power than some smaller nation's governments.
Why are multinational corporations criticized and how do multinational corporations counter the criticisms?
These companies often have considerable power and influence, and as a result are often criticised for their actions. One of the most famous of such cases was the problem faced by Nestlé in selling its baby milk in Africa. Critics pointed out that Nestlé was pushing the product on people when it was likely to cause harm to babies. According to a study in the British Medical Journal in 2003, the company was ignoring a code of conduct on marketing the productto countries in Africa. In addition, events like the Bhopal chemical explosion in 1984 have attracted much criticism. The incident took place in the Indian city of Bhopal and resulted in the death of more than 3,000 people, according to official figures. The plant belonged to the American chemical multinational Union Carbide.
Whichof the following statement describes the behavior know as economic imperialism?
Economic imperialism is a situation where one country has a lot of economicpower which gives them influence over other countries.However, perhaps it is the multinational corporations (that can have as much money as a country) that are actually the Economic imperialists, in that they try and make all their customers the same.
What are the merits and demerits of multinational corporations?
Merits: Multinational corporations can bring employment opportunities, technological advancements, and economic growth to a country. They can also facilitate the transfer of skills and knowledge across borders. Demerits: Multinational corporations may exploit cheap labor in developing countries, contribute to environmental degradation, and have significant political influence that can undermine local governments. They may also engage in profit-shifting to avoid taxes, affecting the host country's revenue.
How did the 3 isms create tension in Europe in the early 1900s?
Imperialism- The need for countries to expand their influence. Militarism- Countries wanting to build up their militaries, placing importance in them. Nationalism- Placing importance in country, believing the country is the best. Nationalism made all of the involved countries believe they were the best; excessive national pride. Militarism had them place great importance in the military, which caused many countries to build very large militaries (and the want to use them). Imperialism made these countries want to expand their influence. In other words, powerful countries expanded influence until they began to clash with each other. Because they had excessive pride and large militaries, they were more than happy to resort to violence in order to solve their differences.
In Pakistan discuss the impact of multinational companies with examples?
Multinational companies can often influence a country's culture and economy. They introduce new products and value systems, not only for the consumers, but also for any local employees they hire.
How were Japans actions before and during World War 2 similar to Germany's actions over the same period?
Both countries invaded neighboring countries to expand their territory and influence
