multinational companies are large and influential firms that have significant business overseas. they sell goods and services on a global market… their key features include: huge assests and revenue, highly advanced and up-to-date technology, highly qualitifed and experienced labour. highly influential. powerful marketing and advertising.

FDI stands for foreing direct investment. This occurs when firms make an investmwnt in a foreign country. Most FDI comes from MNCs.

Reasosn fr emergence of MNCs/FDIs includes expolitation of economies of scale, access to antural resources or chweaper goods, lower transportaiton and communication costs, access to a large potential clientele and customers.