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Firms become multinational corporations (MNCs) for several strategic and economic reasons: to gain organizational advantages like brand recognition globally; spread risks across multiple markets; and achieve economies of scale. MNCs are companies that operate in at least two countries, with affiliates and branches located internationally. They organize global production networks to manufacture and source components in different locations based on costs and expertise. Characteristics of MNCs include large ca

Author

Sonu Hashmi

Language

EN