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Yes, Persistent Systems is a multinational corporation (MNC) based in India. It specializes in software development, IT services, and consulting, focusing on various industries such as healthcare, finance, and telecommunications. The company has a global presence, serving clients in multiple countries.

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1mo ago

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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.


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