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Option 2 : The multinational companies
The correct answer is Multinational companies.
- The clothing industry or garment industry summarizes the types of trade and industry along with the production and value chain of clothing and garments.
- This started with the textile industry embellishment using embroidery, via the fashion industry to apparel retailers up to trade with second-hand clothes and textile recycling.
- A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country.
- A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management.
- Some of these companies, also known as international, stateless, or transnational corporate organizations, may have budgets that exceed those of some small countries.
- In the garment industry, Multinational companies are likely to make the Highest profit, as they have the capital and network to sell their products.
Hence, In the garment industry, Multinational companies are likely to make the highest profits.
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