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What are the disadvantages of multinational companies in India?
Wiki User
∙ 13y ago
Most of the multnational corporations do provide funds that are highly conditional. Thier aim is not to assist developing countries' economic growth, but to see to it that they remain dependent at the interest of the the developed world. So if Africans can come together and work tother for a common end, believe me they will realize a wonderful progress.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agosome of disadvantages are
1 supplant domestic savings by destroying competition,remove local entrepreneur,unstable industrial growth
2 cause strain to BOP ie balance of payment by repetration of profits,interests,loyalities,management fees.
3 local professional cannot access to working strategies og MNCs
4 mncs by introducing new technology cause technological unemployment. mncs adopt capital intensive technique. so machine takes place of workers.
Wiki User
∙ 9y agoMultinational Companies are companies which operate (have factories/operating branches/headquarters) in more than one country.
They have many advantages to the host country such as:
-creating employment (increase income and therefore standard of living)
-bringing new technology/ methods into the country
-providing workers with training
-paying large taxes to the government
-bringing money into the economy
However they also have disadvantages:
-exploit and possibly deplete Natural Resources
-create pollution
-destroy local businesses (by taking their customers with lower prices from economies of scale)
-profits go the the company overseas (does not promote growth within the host country's economy)
Wiki User
∙ 12y agohigh prices
depletion of local products
survival is ifficult for Indian industries
profit margin
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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
Why does India need multinational companies?
A multinational company has the need to have a product produced. It has the money and expertise to set up manufacturing facility's India has people that are sitting around twiddling their thumbs because they have nothing to do. So if the company and the unemployed people get together they both benefit. India is a country and country's are notoriously bad at business dealings. Look at what happened in the USSR.
Is multinational companies are as a blessed or curse for host countries?
Is a multinational company a blessing or course to host society
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 multinational companies are in Mexico?
San miguel i think
Rules regulation of multinational companies in India?
rules or norms of multinational companies in india?
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Examples of multinational companies in India?
21 multinational companies are there in india
How many multinational companies in India?
in india, 21.. and in world, 6500 MNCs
Does India generally provide the labor or management for multinational companies?
India is the capital worlds capitol of international telemarketing for various companies,
What are the total number of multinational companies registered in India?
As per ROC data of 2008 there are 916 foreign companies operating in India. 30% of the companies are from USA only.Cheers
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
How many MNC'S in India?
A recent study has ranked country's top 10 multinational companies (MNCs) by revenue.
Who is the president of multinational companies?
A president of multinational companies might go by the title C.E.O.
Questions about multinational companies in developing countries?
What are the advantages of multinational companies to the developing countries?
Is Nokia a multinational company?
It is a multinational company. Nokia is the largest multinational corporation in India.
Why do multinational companies exist?
Multinational companies exist so they do businesses with other countries. Multinational countries follows the law and regulations of the countries they work with.
