answersLogoWhite

0

Multinationals is both bane and boon and it is equally bane and boon, here are some points with which i can support my point.MNCs has made entire world a global village they also increased inter connectivity among nations they also produced quality products at nominal rates but you may get one doubt that we have so many good things about MNCs but why we are calling them bane why not only boon but these have their drawbacks too they are like native corporation crumbles under the competition of MNCs they became national security threat and they produces no profit to the country in which it is established except taxes remain in home country not only these there are many more drawbacks like global warming, political influence , unethical practices.

Here are some suggestions that must be followed in every country, like strict laws which favours the home country economic conditions ,more concentration of govt. on indigenous industries and offering financial support and taking less taxes .

User Avatar

Wiki User

15y ago

What else can I help you with?