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CBSE Class 10 Answered

In what ways MNCs are different from other companies?
Asked by dr.ushananthini13 | 27 Jul, 2021, 02:25: PM
answered-by-expert Expert Answer
MNC owns and operates production across various countries of the world while other companies only operate in their home country. 
Foreign trade and foreign investment are essential features of an MNC while home companies may not invest in foreign countries. 
MNCs are usually large companies in terms of cost and production and help in the globalisation of the economy. Local/home companies may not be selling their goods and services on a global plateform. 
Answered by Social Science Expert | 28 Jul, 2021, 06:59: AM

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