1.6 Multinational Companies (MNCs)
A multinational company (MNC) - is an organization that operates, owns, or controls production and/or service facilities in two or more countries.
Advantages | Disadvantages |
Job opportunities, helping to raise the quality of life in the host country | Lose shares and profit |
Skilled labor, domestic workers gain invaluable employment skills. | Not everyone welcomes external businesses |
Provide extra revenue for local suppliers and support local industries | Quite often, the profits of the MNC are repatriated to the headquarters in the home country; the money leaves the host country |