What were the advantages of Multinational Corporations?
Dear Student,
The advantages of the multinational corporations are given below:
1. Multinational companies get immense access to cheap labour compared to other companies. These companies which are spread out all across the world in various geographical regions can benefit from having their production set up in those countries where cheap labour is accessible.
2. Multinational companies provide better employment opportunities which in turn increases the income level of the country along with increase in investments due to the operation of multinational companies.
3. Various technological parameters can be immensely improved as the multinational companies get better and latest technological set up from foreign countries.
Regards
The advantages of the multinational corporations are given below:
1. Multinational companies get immense access to cheap labour compared to other companies. These companies which are spread out all across the world in various geographical regions can benefit from having their production set up in those countries where cheap labour is accessible.
2. Multinational companies provide better employment opportunities which in turn increases the income level of the country along with increase in investments due to the operation of multinational companies.
3. Various technological parameters can be immensely improved as the multinational companies get better and latest technological set up from foreign countries.
Regards