wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What are the advantages and disadvantages of MNCs?


Open in App
Solution

Some of the advantages of Multinational companies (MNC’s) are 1) it will help in increasing the trade of the nation 2) It will help in improving the economy of a nation 3) It will increase employment opportunities for the people of a nation. Some of the disadvantages of the MNC’s are 1) It could pose a threat to small and local businesses. 2) Due to lack of stringent labor laws, the employees could be exploited. 3) There could be risk of conflicts between MNCs and the country it is operating in due to potential fragile political climate.


flag
Suggest Corrections
thumbs-up
166
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Question No. 2
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon