Quick Answer: What Are The Features Of MNC Class 10?

What are the disadvantages of MNCs Class 10?

Disadvantages Of Multinational CorporationsHarmful for host country : The main objective of the MNCs is to earn maximum profit.

Harmful for the local producers : Most of the local producers have failed to compete with the MNCs so, either they hve sold their units to MNCs or have been wiped off.Harmful for Economic Equality : …

Harmful for freedom :.

What are the main guiding factors of MNCs?

guiding factors are:special economic zones where less tax and cheap labour is available.flexibility in labour laws.avalability of raw materials, transport facility, markrts, and infrastructure. This conversation is already closed by Expert.

What are the advantages of MNCs Class 10?

The industries of developed country get latest technology from foreign countries through MNC’s.The investment level, employment level, and income level of the developing country increases due to the operation of MNC’s.They can reduce imports and increase exports due to goods produced by MNC’s- balance of payment.More items…•

Which is the biggest MNC in the world?

China Mobile says it has the world’s largest mobile network and the biggest mobile customer base….The World’s 10 biggest multinational corporationsApple. HQ: US. … Alphabet. HQ: US. … Microsoft. HQ: US. … Berkshire Hathaway. HQ: US. … Exxon Mobil. HQ: US. … Amazon. HQ: US. … Facebook. HQ: US. … Johnson and Johnson. HQ: US.More items…•

What are disadvantages of MNC?

Disadvantages of Multinational Corporations in developing countriesEnvironmental costs. Multinational companies can outsource parts of the production process to developing economies with weaker environmental legislation. … Profit repatriated. … Skilled labour. … Raw materials. … Sweat-shop labour.

What is MNC class 10th?

Answer: An MNC is a company that owns or controls production in more than one nation. These companies set up offices and factories for production in regions where they can get cheap labour and other resources. This is done to ensure that the cost of production remains low and MNCs can earn greater profits.

What are the types of MNCs?

The Four Types of Multinational Business (And the Financial Benefits of Each)Multinational Decentralized Corporation. A decentralized multinational corporation maintains a prominent presence in its home country. … Global Centralized Corporation. … International Company. … Transnational Enterprise. … Contact MKS&H.

What are the features of MNCs?

Characteristics of a Multinational CorporationVery high assets and turnover. … Network of branches. … Control. … Continued growth. … Sophisticated technology. … Right skills. … Forceful marketing and advertising. … Good quality products.

What is MNC explain?

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.

Why are MNCs bad?

In developing economies, big multinationals can use their economies of scale to push local firms out of business. In the pursuit of profit, multinational companies often contribute to pollution and use of non-renewable resources which is putting the environment under threat.

What is MNC example?

Multinational Corporations or Multinational Companies are corporate organizations that operate in more than one country other than home country. … LTI, TCS, Tech Mahindra, Deloitte, Capgemini are some of the examples of MNCs in India.

What are the top 5 richest companies?

TOP 10 Most Valuable Companies in the world#1. Saudi Aramco. $1,685 bln.#2. Microsoft. $1,359 bln.#3. Apple inc. $1,286 bln.#4. Amazon Inc. $1,233 bln.#5. Alphabet Inc. $919 bln.#6. Facebook. $584 bln.#7. Alibaba Group. $545 bln.#8. Tencent. $510 bln.More items…

Are TNCS good or bad?

Participant of TNC in trading not only provide advantages but disadvantages as well. One of the disadvantage that TNC involve in trading include exploiting cheap labour . Most of the TNC decided to move production into low wage countries or developing countries intend to exploit cheap labour as well as Nike.

How many MNC are there in India?

There are over 40,000 MNCs with over 2, 50,000 overseas affiliates.

What are MNCs and their function?

MNCs are the companies that have thier head office in one country and regional branches all over the world. Thier presence can be found in every country and their function is for providing access of different products to different countries and “Globalization. ”

What is MNC and its advantages and disadvantages?

Taxes and Other Costs – Taxes are one of the areas where every MNC can take advantage. Many countries offer reduced taxes on exports and imports in order to increase their foreign exposure and international trade. Also countries impose lower excise and custom duty which results in high profit margin for MNCs.

How does MNC help in Globalisation?

MNC’s play an important role in the globalisation process. They compete with the local producers directly even after being miles apart, thus integrating the markets. Their working leads to exchange of investments and products which leads to interconnection between diverse countries.

What are the advantages of MNC?

The main benefits of being a multinational companySpecialisation in production. The scale of many industries means firms split production into different countries. … Outsourcing. … Economies of scale. … Tax avoidance.Employment of skilled labour.Wider consumer base.Evaluation.

What are the top 10 multinational companies?

Below is the list of top 10 MNCs in India.Microsoft. Microsoft Corporation India is a subsidiary of Microsoft Corporation which as we all know is an American multinational, started in the year 1975. … IBM. … Nestle. … Proctor & Gamble. … Coca-Cola. … Pepsico. … CITI Group. … SONY Corporation.More items…•