Business Studies

"Multinational companies are a mixed blessing to the developing countries.*' In the light of this statement explain the return of MNC.


SOLUTION
It is correctly said that MNCs are a mixed blessing to developing countries. This is because it has a great number of advantages as well as disadvantages for the developing countries. The advantages are:
  1. transfer of technology (the country gets the technology from other countries other than importing goods from other country)
  2. increase in investment and due to which employment increases
  3. greater availability of products  to consumer
  4. increase in exports and decrease in imports.
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