Justify the following statement :

MNC has worldwide existence

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1 Answers

1. As multinational corporation is operating on a global basis.

2. Multinational corporation have marketing operations in several countries operating through a network and branches. 

3. They have production facilities in several countries. 

4. Advanced Technology and international business operations are done by MNC. 

5. It brings in much needed foreign capital for the rapid development. 

6. Multinational corporation integrate economies of various nations with the world economy. 

7. Thus, MNC has worldwide existence

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