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What is meant by multi-national company? …

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What is meant by multi-national company? State its any four features

Posted by Muskan Ghai 3 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Parul Kushwaha 3 years, 4 months ago

Multinational means a company which operate in many countries.Such a company has branches, factories, workshops in different countries.A multinational coorporations is also known as a transnational corporations.Ex- coca cola,hyundia e.t.c Features 1. Contralised control- The branches of multinational companies spread in different countries are controlled and managed from the headquarters located in hometown. 2. Advanced technology- Multinational companies make use of latest technology to supply world class products. 3.Expansion of market territory-Due to its vase resources and excellent marketing skill, a multinational corporation has acess to international markets. 4.Huge capital resources-These companies operate on large sea.The assets and sales of multinational companies are quick large.

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