Want this question answered?
To make money.
different countries have different laws. This means that these laws are also the basis of the rights and obligations of the people in that country. This is what differs between countries.
There are 28.
What are the advantages of multinational companies to the developing countries?
Yes.
Multinational companies exist so they do businesses with other countries. Multinational countries follows the law and regulations of the countries they work with.
Citibank has banking operations in one hundred and sixty countries and many territories. Citibank is headquartered on Park avenue in Manhattan, New York.
Their web site states that they have operations in more than 100 countries.
Of course; many American companies take advantage of cheaper production and labor costs in less developed countries such as Mexico or China and manufacture their products in such countries. This is called "offshoring" and unfortunately, is the reason many industries have closed their operations in the US and migrated whole industries into other countries.
brazil
China
Audit is not necessary for all companies, in some countries the small companies are exempt from audit.