Short Answer Questions · Q5
Q.State any four features of MNCs.
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Start your 14-day free trial to unlock the full solution →Any four of the following, with a brief explanation, would answer this question:
- Huge size and capital resources — MNCs are usually among the largest companies in the world by assets and turnover.
- Operations spread across many countries — they directly set up and run facilities in several host countries, not just sell to them.
- Centralised control from a home-country headquarters — overall strategy is still decided at the parent company's head office even though operations are worldwide.
- Advanced technology and continuous research & development — MNCs typically bring superior, capital-intensive technology built on sustained R&D spending. …
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