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They provide jobs for people giving them money to support their families. Taxes allow governments to develop the infrastructure of the country (roads, rail etc.). The more transport links the more companies will come until eventually several years later the country is fully developed

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Q: Role of Multinational companies in developing world?
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What is the role of multinational corporations in globalization?

Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.


What role do cross cultural communication cooperative decision making and collaborative problem solving play in multinational corporation management?

1. What role do cross-cultural communication play in multinational corporation management ? 2. What role do cooperative decision-making play in multinational corporation management ? 3. What role do collaborative problem-solving play in multinational corporation management ?


How a teacher can contribute in developing world understanding btween the nations provide your own perspectives?

teacher is a best source of acknowledgment.he/she has a great power to input any thing in students mind.he/she can play important role in developing world understanding between the nations.


What is the role of MNC in India?

There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.Read more: What_is_the_role_of_Multinational_companies_in_India


What is the role of world bank in international trade?

the World Bank is an international financial institution that provides loans to developing countries. its official goal is the reduction of poverty. the believe is therefore that with the loan from the World Bank, these countries can effectively take part in international trade (pay for imports of good and or services) thereby developing their economy and hence poverty reduction which is the aim of the World Bank.

Related questions

What is the role of multinational corporations in globalization?

Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.


What is the biggest Multi National Company in India?

India has been the home to a number of multinational companies.There are a number of reasons why the multinational companies are coming down to India. India has got a huge market. It has also got one of the fastest growing economies in the world. Besides, the policy of the government towards FDI has also played a major role in attracting the multinational companies in India. There are many but here are the few known MNC's in India.British PetroleumVodafoneFord MotorsLGSamsungHyundaiAccentureReebokSkoda MotorsABN Amro Bank


What role do cross cultural communication cooperative decision making and collaborative problem solving play in multinational corporation management?

1. What role do cross-cultural communication play in multinational corporation management ? 2. What role do cooperative decision-making play in multinational corporation management ? 3. What role do collaborative problem-solving play in multinational corporation management ?


The concept of transfer pricing involves the role of?

multinational corporations


The role of multinational companies in tourism industry?

several mnc's like Thomas cook and coax and kings are playing a vital role for industry by providing variety of quality services to travellers to enhance value of tour to give most qualitative services with competitive prices but these companies also create monopoly in the market.


What is the major role in the story adventures of cleopas?

Cleopas, a young talented boy who miraculous entry into the world and growth revolutionalized the world of industry in a developing world


What role did it play in developing the Constitution?

== ==


What Role of Multinational Companies in UK for Creating New Jobs?

More jobs mean more opportunities for people to earn their livelihood. They also mean a possible reduction in the level of poverty within a nation. Generation of new jobs is not only profoundly useful in developing nations but in developed nations as well. Developed nations can increase their level of expertise by creating more jobs. Therefore, the focus should not be the creation of jobs but the creation of good jobs which will take the standards of living to a whole new level. Multinational companies or MNCs have a significant role to play in the creation of job market because they are not limited to one country, they function across many nations. The salaries provided by MNCs to its employees are spent on buying goods and services.


What is the role of the media in developing a nation?

There is a great role that media plays in helping a developing nation. Media reaches out to countries that can help.


Which world body has its primary role to improve education in developing countries?

UNESCO United Nations Educational, Scientific and Cultural Organization


Why do you think communication plays a vital role in the development of an organisation?

because communication is the developing of business and the developing business is developing the organization


How a teacher can contribute in developing world understanding btween the nations provide your own perspectives?

teacher is a best source of acknowledgment.he/she has a great power to input any thing in students mind.he/she can play important role in developing world understanding between the nations.