Describe the characteristics of a Multinational Corporation
Describe the characteristics of a Multinational Corporation, any advantages/drawbacks, and give examples.
Solution
Multinational Coproration is a company which is incorporated in one country but has operations in multiple countries. the country in which it is incorporated is known as home country and the country in which it carries business is called host countries. The headquarter of the Multinational Corporation is located in the home country.
The characteristics of a multinational corporation are:
Advantages and Limitations of MNCs.
Limitations of MNC:
Just like Mc.Donalds has invaded the fooding habit of various countries, it has imposed its burger culture to the various countries. It has become powerful and mighty with its increased presence. and is bigger than the gdp of many countries.
