What are the main features of MNC companies?

Answer 1

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 country

6. 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.

Read more: What_are_the_features_of_MNCs