explain what has led to the era of the multinational corpora

explain what has led to the era of the multinational corporation

Solution

Globalisation, Liberalisation and Privatisation results in the era of multinational corporation. Trade policies between nations has become much more flexible in the last two decades which helps companies to start their operations apart from the host country and to spread their wings across global based on the opportunities and to fulfil the demand of the customer from their home country. This will help in reducing the overall operational cost, utilisation of resources of that particular country and enhance service level through near shoring of products. Multinational companies uses various business models such as outsourcing inroder to reduce the cost of processing and also to give certain quantum of work to outside to do that with more capability.

SOme of the reason for establishmen of MNC\'s are