Business Studies

State three features of multinational companies.


SOLUTION
Important features of MNCs are:
  1. Advanced Technology: MNCs use advanced and sophisticated technology in their production process.
  2. Huge wealth: MNCs have huge physical and financial assets. It keeps on increasing with increase in network of operations.
  3. Efficient management: MNCs have expert and skillful employees in their teams which help in efficient management.
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Subjective Medium Published on 18th 08, 2020
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