Professional Documents
Culture Documents
Definition
Multinational corporation (MNC) is a enterprise that manages production or delivers services in more than one country can also be referred to as an international corporation.
MNC In India
MNC in towards: India are attracted
Indias large market potential India presents a remarkable business opportunity by virtue of its sheer size and growth Labor competiveness FDI attractiveness
MNC In India(Contd)
Indias vast population is increasing its purchasing power
India is also emerging as the manufacturing and sourcing location of choice for various industries
MNCs In India
MNC in India represent a diversified portfolio of companies representing different nations.
Technology issues
Most MNCs do not develop technologies that are relevant to the needs of host nations. Not engaging in Research and Development in Host countries. Not giving local employees access to information about key technologies. Dumping old or outdated technologies to earn revenues.
Some MNCs engage in misleading and deceitful advertising in Tird World Countries.
Environmental issues
Depleting natural issues.
Polluting the environment (Bhopal gas tragedy and Shell Oil spill) Causing harmful changes in local living conditions. Not paying compensation for environmental damage.
Political Issues
Paying bribes to secure political influence.
Paying protection money to terrorist groups Not respecting Human rights. Destabilizing national governments of which they do not approve.