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Expansion of MNC methods adopted |
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Answer» national corporation or multinationalenterprise is an organization that owns or controls production of goods or services in one or more countries other than their HOME country. The distinctive FEATURES of multinational companies are as follows.A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they COORDINATE global management.Features of Multinational Corporations (MNCs):(i) Huge Assets and Turnover: ...(ii) International Operations Through a Network of Branches: ...(iii) Unity of Control: ...(iv) Mighty Economic POWER: ...(V) Advanced and Sophisticated Technology: ...(vi) Professional Management: ...(vii)Aggressive Advertising and Marketing |
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