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to increase the employment and get the technology from other countries and give the products to all countries

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Q: What is the Importance of mncs in India?
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Advantages of multinational companies for India?

With arrival of mncs in India, the basic infrastructure will have a sea change to which the whole country will be immensely benefitted. The customers will get quality products even at cheaper price. Thought the main objective of the mncs is profit maximization, their presence will be greeted with applause. With bue back arrangement, they can also help to bring in foreign exchange for the country.


Basic objectives of mnc's?

objectives of mncs


TATA are the MNCs among the producers?

yes


MNC are a mixed blessing to the developing countries Comment on this statement?

Multinational Corporations are indeed a mixed blessing for the development countries. This is because of the fact that although MNCs has there advantages but, along with them it also has its own disadvantages.The following points highlight the advantages of MNCs to the developing countries.i. Better employment opportunities- MNCs help to create better and high number of employment opportunities in the developing countries. With increased market operations, they help in boosting the employment in the nation.ii. Employing new technologies- As MNCs enter the markets of the developing countries, it brings along the new technologies and innovations with them. This adds to the development of the domestic industries.iii. Improvement in infrastructure- Along with the use of new technology, the overall level of infrastructure of the country also rises. This also adds to the benefits to the developing countries.iv. Wide variety of goods available- As MNCs enter the domestic market, it brings along a flood of variety of the goods and services that are provided in foreign markets. This provides the developing nations a variety of goods to choose from.The following points highlight the disadvantages of MNCs.i. Exploitation of cheap labour- MNCs often lead to the exploitation of the cheap labour in lieu of low wage rates.ii. Increasing domestic competition- By influencing the market, MNCs increase the level of competition among the domestic industries and thereby damages the domestic market.iii. Outflow of funds to protect MNCs- The government in order to protect the MNCs for foreign investment, directs huge amount of funds to them. Also, large amount of funds in terms of profits and dividends, etc also flows out to the foreign countries.iv. Environment degradation- As MNCs use the natural resources present in the developing countries, it leads to a depletion in the domestic resources. All this may result in environment degradation and displacement issues.Thus, analysing the above pros and cons of MNCs, we can say that they are a mixed blessing for the developing nations.


What the objective of mnc?

OBJECTIVES1. MNCs have managerial headquarters in home countries, while they carry out operations in a number of other (host) countries.2. A large part of capital assets of the parent company is owned by the citisens of the company's home country.3. The absolute majority of the members of the Board of Directors are citisens of the home country.4. Decisions on new investment and the local objectives are taken by the parent company.5. MNCs are predominantly large-sized and exercise a great degree of economic dominance.6. MNCs control production activity with large foreign direct investment in more than one developed and developing countries.7. MNCs are oligopolistic in character. It is sustained by modern technologies, management skill, product differentiation and enormous advertising.8. MNCs are not just participants in export trade without foreign investments.

Related questions

How many multinational companies in India?

in india, 21.. and in world, 6500 MNCs


Which all mncs failed in India?

Peugeot failed in the 90's


How many MNC'S in India?

A recent study has ranked country's top 10 multinational companies (MNCs) by revenue.


What is the role of multinational companies in your Indian economy?

There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.Read more: What_is_the_role_of_Multinational_companies_in_India


List of MNC?

larsen & turbo hewiit associates HP ramson, etc ...,. no one cares.... MNCs are boring


Future benefits of MNC in India?

Multinational corporations, or MNC, benefit India by bringing in large amounts of foreign capital for investments. MNCs also help raise the level of expertise in a country by bringing in experts from other areas. Beyond that, MNCs can also create competition locally that will benefit innovation and consumers.


Advantages of multinational companies for India?

With arrival of mncs in India, the basic infrastructure will have a sea change to which the whole country will be immensely benefitted. The customers will get quality products even at cheaper price. Thought the main objective of the mncs is profit maximization, their presence will be greeted with applause. With bue back arrangement, they can also help to bring in foreign exchange for the country.


What is the importance of The Discovery Of India by Nehru?

It is of great historical importance and helps us in understanding India of that time.


Is Indian economy boon or bane to Indian economy?

i of the view that mnc's are the way to move forward. rout which India would have been a failed state in the early 90's. when India was seein only unemplyed ppl on every parapet walls the opening gave them colour to life..... ppl were given jobs. if we need to l compete with other nations we need to have the back up of the mnc's.thus mnc's are a boon to be more precise god in disguise...


Which are the MNCs of Indian origin Which are the Indian MNCs operating abroad?

ITC Hotels Kingfisher Tata Steel Jindal CISCO


What is the importance of the cobra in India?

there isent really an importance for cobras in India they just give some people a job as snake handelers


Importance of public expenditure in India?

In India public expenditure helping to development