Multi-National companies (MNC) operate in two or more countries throughout the world and they have their headquarters in one country.
Advantages of MNC are:
Increase market share.
Take advantage of cheaper workers and premises or local skills.
Take advantage of government grants
Disadvantages of MNC are:
Language barriers.
Relationships with host countries.
Selling and marketing for example cultural differences.
On one hand the county benefits as they get more employment, they may receive a technology upgrade and also they may become a richer country.
On the other hand the MNC has power and control over the host country, also local companies may be driven out of business and finally the environment may be damaged by the MNC as natural resources may be used up.
In conclusion MNC will always be a controversial issue but in my opinion there seems more advantages for MNCs so overall I think they should stay as they benefit the majority of people.
By Int 2 Lenzie Academy Pupils
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2 comments:
this is superb in helping my learning. WELL DONE.
thanks mr mcgowan this documant on MNCs really helped me in understanding about MNCs which is a problem area for me, but not anymore. Please thank the pupil who wrote this as they have really helped me
Thank you
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