Question 15 of 16
Q.State any four merits of MNC's to host country.
Yanam BieapBIEAP AP Intermediate (1st Year) Commerce Board 2024Subjective· 5mImportance★★★★★est
94% · 15/16 Questions
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Start your 14-day free trial to unlock the full solution →MNCs benefit the host country by bringing in foreign capital, transferring modern technology and managerial skills, creating large-scale employment, and raising production, exports and the availability of quality goods — along with contributing to government revenue and the overall economic development of the country.
Merits of MNCs to the Host Country
- Inflow of foreign capital. MNCs bring large amounts of foreign investment into the host country, supplementing its scarce domestic capital for industrial development.
- Advanced technology and skills. They introduce modern technology, research, improved methods of production and managerial expertise, which raise efficiency and quality.
- Employment generation. By setting up factories and offices, MNCs create large-scale direct and indirect employment and help in training the local workforce. …
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