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in Globalization and Trade by (49.7k points)
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What are the reasons for the growth of MNC?

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Expansion of Market: For a large size firm, when its activities expand more and more , it goes beyond their country’s boundary and move to other countries market.

Marketing superiorities:

1. A MNC enjoys market reputation easily . 

2. It faces loss difficulty in selling the products . 

3. It can adopt very effective advertisement tactics. 

4. All these help in their sales promotion.

High level of financial resources:

1. A MNC has high level of financial resources which helps them in high level of fund utilisation. 

2. Easy access to external capital market. 

3. Can raise more International resources to improve their production at any cost.

Advancement in Technology:

1. The High level of technology of the MNCs attract them to participate in Industrial development. 

2. It helps them to offer products at a low price.

Product Innovation: 

1. They can develop new products. 

2. New Designs of existing products. 

3. Designs that help the new generations to apply their knowledge.

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