business Flashcards

1
Q

Define MNCS

A

its an organization that operates in 2 or more countries

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2
Q

the difference between MNCs and transitional cooperations

A

MNCs: their headquarters is in the main country
transitional cooperations: their offices are in different regions

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3
Q

Why businesses strive to be MNC’s

A
  1. more customer base
  2. economy of scale
  3. cheaper production cost
  4. brand value
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4
Q

impact of MNC’s on the host countries

A
  1. job creation
  2. higher national income
  3. increase competition
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5
Q
A
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6
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6
Q
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