1.

Some information about multinational companies

Answer»

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.


Following are the salient features of 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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