1.

State any five characteristics of a multi- national company. 

Answer»

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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