Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
533 views
in Business Studies by (20 points)
edited by
4 features of multinational companies

Please log in or register to answer this question.

1 Answer

0 votes
by (266k points)

Four features of an MNC are explained below : 

1. International operations: Global MNCs run their foreign operations by establishing branches or subsidiary companies in host countries. 

2.Giant size: MNCs have huge basis of assets and revenues because of their huge size operations spread in a number of countries. 

3.Centralised control: MNCs have a centralised control system. All the decisions for subsidiaries or branches are taken by the headquarters of MNCs. Headquarter of MNCs exercise control over their foreign subsidiaries. 

4. Modem technology and management practices: Most of the MNCs compete in the international markets on the basis of their modem technology and efficient management practices. Infact, these global enterprises are sources of spread of modern technology and management practices in the world.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...