Pros and cons of MNCs (Unit 3)

HideShow resource information
  • Created by: Ovais
  • Created on: 07-04-13 00:28

Key term:

Multinational Company- a company that has operations all over the world

Advantadges of MNC's:

  • Cheaper labour costs- imortant since wages are a large part of production cost
  • Gaining a strong foothold  in international markets- linked with the need to gain economies of scale to remain competitive
  • Ability to take advantadge of the strengths of different countaries eg cheap labour or the availibility


No comments have yet been made

Similar Economics resources:

See all Economics resources »