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Advantages of MNCs |
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Answer» Google ? search bus site beta dete hum khud search ker lete3 Pura google se paste mar ke dal diya hahahah Thanks yar govind for such a huge ans... \tAccess to Consumers\xa0– Access to consumers is one of the primary advantages that the MNCs enjoy over companies with operations limited to smaller region. Increasing accessibility to wider geographical regions allows the MNCs to have a larger pool of potential customers and help them in expanding, growing at a faster pace as compared to others.\tAccesses to Labor\xa0– MNCs enjoy access to cheap labor, which is a great advantage over other companies. A firm having operations spread across different geographical areas can have its production unit set up in countries with cheap labor. Some of the countries where cheap labor is available is China, India, Pakistan etc.\tTaxes and Other Costs\xa0– Taxes are one of the areas where every MNC can take advantage. Many countries offer reduced taxes on exports and imports in order to increase their foreign exposure and international trade. Also countries impose lower excise and custom duty which results in high profit margin for MNCs. Thus taxes are one of the area of making money but it again depends on the country of operation.\tOverall Development\xa0– The investment level, employment level, and income level of the country increases due to the operation of MNC’s. Level of industrial and economic development increases due to the growth of MNCs.\tTechnology\xa0– The industry gets latest technology from foreign countries through MNCs which help them improve on their technological parameter.\t\xa0R&D\xa0– MNCs help in improving the R&D for the economy.\tExports & Imports\xa0– MNC operations also help in improving the Balance of payment. This can be achieved by the increase in exports and decrease in the imports.\tMNCs help in breaking protectionalism and also helps in curbing local monopolies, if at all it exists in the country. They offers many jobs , raw material used by them came from local companies so there production also increase nd many more r given in book itself Access to consumers is one of the primary advantages that the MNCs enjoy over companies Yeah...it also increases employment sector MNC helps local companies to grow 1 it make a lot of choiceavailable to the people.2it introduces the latest technology which helps in the well furnishing of goods. So the quality of product increases.3 sometimes the interaction of mncs with smaller companies lead to their high growth in the market.and it evolves as a big marketing brand. MNC helps in producing goods and services globally |
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