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What are the effects of multinational businesses?

Multinational businesses can drive economic growth by creating jobs, boosting local economies, and facilitating technology transfer in host countries. However, they may also contribute to income inequality, exploit natural resources, and undermine local businesses. Additionally, their operations can lead to cultural homogenization and environmental challenges. Balancing these effects often requires effective regulation and corporate responsibility initiatives.


Why do multinational companies exist?

Multinational companies exist so they do businesses with other countries. Multinational countries follows the law and regulations of the countries they work with.


What is an example of a multinational business?

A multinational business is a global business. These businesses do work in their home country as well as in other countries.


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Following are some of the major multinational companies operating their businesses in India:British PetroleumVodafoneFord MotorsLGSamsungHyundaiAccentureReebokSkoda MotorsABN Amro Bank


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What are the advantages and disadvantages of multinational corporation in the Philippines?

Some of the effects of multinational corporations entering the Philippines market include competition and the need to alter prices. The new corporations also provide more chances of employment for the qualified locals.


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How might a multinational company benefit from hiring geographers?

A multinational company might benefit from hiring geographers in various ways. They will be able to know suitable locations according to geographical analysis for setting up their businesses.


What is a firm with four or more businesses making unrelated products with no single business responsible for a majority of its sales?

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What are the advantages and disadvantages of multinational businesses to other countries?

There are a few Advantages are also associated with multinational businesses - The investment level, employment level, and income level of the other countries increases due to the - operation. - The domestic traders and market intermediaries of the other countries gets increased business from the operation. There are a few Disadvantages are also associated with multinational businesses - Their profits out of the other countries in Dollars that causes a reduction in foreign reserves for other countries - Increase the dependence of the other countries on their parent countries that may affect the foreign policy of other countries.


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