Students can go through AP Inter 1st Year Commerce Notes 11th Lesson Multi National Corporations (MNCs) will help students in revising the entire concepts quickly.
AP Inter 1st Year Commerce Notes 11th Lesson Multi National Corporations (MNCs)
→ Globalisation refers to the increasing integration of markets and production, to include the mobility of resources in the world.
→ MNC refers to a corporate gain business firm having extended its productive activity in many nations besides its home country.
→ The investment level, employment level and income level of the host country increases due to the operation of MNCs.
→ Home country can also get the benefit of foreign culture brought by MNCs.
→ Domestic industries can make use of R & D outcomes of MNCs.