History of Multinational Companies (video summary)

Question 1

owns and manages its business in two or more countries

Answer 1

multinational company

Question 2

“the essential management of the multinational organisations lies in one country and they carry out their business in number of other countries”

Answer 2

International Labour Organisation report

Question 3

multinational copanies have large scale __ and __

Answer 3

• assets
• transactions

Question 4

multinational companeis operate their business at least in __ countries

Answer 4

six

Question 5

what do multinational companies provide to their host countries

Answer 5

technological facilities

Question 6

what do multinational companies export to the host countries

Answer 6

• raw materials
• finished goods

Question 7

how are host countries helped by multinational companies

Answer 7

exporting more, importing less

Question 8

multinational companies help host countries in utilisation of what

Answer 8

internal resources

Question 9

home country of MNC gets the __ __ of the profit

Answer 9

lion’s share

Question 10

some of the aspects that are considered as disadvanatages of multinational companies

Answer 10

1. dominance and monopoly in host countries
2. reduction in natural resources
3. exploitation of labour
4. interference in political affairs
5. violation of human rights

Question 11

many multinational companies have started their operations in India

Answer 11

onset of economic liberalisation policy of India in 1991