Drawbacks of MNCs

>> November 20, 2011

There are lots of drawbacks of MNCs. All these drawbacks are being written on the basis of past experience of MNCs.

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Benefits of MNCs

If any MNC works with honesty and high moral ethics, at that time there are lots of following benefits:

1. If MNC wants to benefit of human resource of the country in which it is operating, it can play important role to generate new employment. For example, there are lots of IT companies who hired Indians for their work, so with this employment of Indians  has increased.

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What is MNC

MNC means multinational corporation. If any company's head office in one country and its business activities are  in many countries, that company will be called multinational corporation. Its other popular name is multinational enterprise. These corporation is also called transnational corporation. Multinational corporation starts from their own country but they increase their business level and they do business many countries as per the rules and regulations of different countries.

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