Multinational Companies help the host companies.
Justify the following statement:
Multinational Companies help the host companies.
1 Answers
1. MNC’s offer growth opportunities for domestic firms. They help domestic producers to enter the global markets through their international network of production and marketing.
2. MNC’s provide ready markets for raw materials or semi-finished goods produced by the local producers in the host countries.
3. The entry of MNC’s in the domestic market tends to break the monopoly of the selected few domestic companies. Due to this consumers in the host countries are benefited.
4. MNC’s help host countries by providing new sophisticated technology.
5. Thus, due to their global presence and superior marketing skills, MNC’s are in a position to help the host companies.