4.4 Flashcards
1
Q
A multinational corporation
A
A business that although operated from one country, had facilities and assets in more than one country
2
Q
Impact on MNCs on the local economy
A
- create jobs with better opportunities
- push wages up
- skills development
- better working conditions
3
Q
Disadvantages of MNCs on local economy
A
- Creates wages inflation for local businesses
- May look to exploit cheap workers
- Bring in own managers only offering low skilled jobs
