Define the term ‘multi-national company ‘.State any four features

1.	Define the term ‘multi-national company ‘.State any four features of it.
Answer» Multinational company: A huge industrial organization which extend its industrial and marketing operations through a network of branches in several countries. Following are the characteristics of a multinational company : i. They have huge financial resources; ii. They generally enter into foreign collaboration with Indian companies; iii. They possess advanced technology; iv. They are engaged in product innovation; v. The marketing strategies of global companies are far more effective than other companies. vi. They expand their market territory beyond the physical boundaries of their country

Define the term ‘multi-national company ‘.State any four features of it.

Answer»

Multinational company: A huge industrial organization which extend its industrial and marketing operations through a network of branches in several countries.

Following are the characteristics of a multinational company :

i. They have huge financial resources;

ii. They generally enter into foreign collaboration with Indian companies;

iii. They possess advanced technology;

iv. They are engaged in product innovation;

v. The marketing strategies of global companies are far more effective than other companies.

vi. They expand their market territory beyond the physical boundaries of their country

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