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The basic objectives of multinational corporations (MNCs) include maximizing profits by expanding their market reach across different countries, optimizing resource allocation to achieve cost efficiencies, and diversifying their investments to mitigate risks. Additionally, MNCs aim to leverage local advantages such as labor, raw materials, and favorable regulations to enhance their competitive edge. They also focus on building global brand recognition and fostering innovation by tapping into diverse markets and talent pools.

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1mo ago

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What success level covers success in all objectives or excellence in no more than 24 percent of objectives?

The success level that covers success in all objectives or excellence in no more than 24 percent of objectives is typically referred to as "basic" or "minimum" success. This level indicates that while some objectives may be fully met, overall performance is not consistently high across the board. It reflects a need for improvement in achieving a more comprehensive level of success.


What are the features of MNCs?

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.


What is greenfielding?

Greenfielding refers to a situation when an MNC establishes a new site of production or service provision in another country. In this case the MNC will need to recruit a workforce and establish internal structures to manage the overseas operation.