the impact of MNCS Flashcards
1
Q
what is a multi-national corporation
A
a company that owns or controls production or service facilities in more than one country
- has a central head office that coordinates operations
- achieved through FDI
2
Q
why do businesses operate as MNCS?
A
- domestic saturation = seek new markets
- cheaper production = offshoring (labour, tax rates, legislations)
- access to resources
- economies of scales
