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| 1. |
What is meant by multi-national company? State its any four features |
| Answer» Multinational means a company which operate in many countries.Such a company has branches, factories, workshops in different countries.A multinational coorporations is also known as a transnational corporations.Ex- coca cola,hyundia e.t.c Features1. Contralised control- The branches of multinational companies spread in different countries are controlled and managed from the headquarters located in hometown.2. Advanced technology- Multinational companies make use of latest technology to supply world class products.3.Expansion of market territory-Due to its vase resources and excellent marketing skill, a multinational corporation has acess to international markets.4.Huge capital resources-These companies operate on large sea.The assets and sales of multinational companies are quick large. | |