What are the main features of MNC companies?
1.Centralized management:-A MNC has its headquarter in the home country. It expands its business to other countries so it can easily manage companies.
2.World Wide Spread of Business:-The business of the MNC is spread worldwide.
3.Better Quality Product:-A MNC has to compete on world level therfore has to pay special attention on the quality.
4. Formation:- MNC is similar to joint stock company & its formed or registered under company Act of respective country.
5. Huge capital:- MNC are able to raise huge capital by issuing share to general public within in or outside the country
6. Employed:- MNC is mainly employees higely qualified and professional persons . They are appointed on basis of merit.
7. Multiple oprations- MNC caring multiple operation such as manufacturing, marketing, finance, advertisement, marketing and research etc.
8. Better standard of living:- MNC contribute in batter standard of living in two ways (i) By providing employment (ii) by providing quality of product at low cost.
9. Transfer of resources:- MNC helps to transfer the resources such as modern technology, skilled and professionals person, raw material etc from advance country to those country in which they operate there activities.
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