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| 1. |
Elaborate any three disadvantage of multinational corporation |
| Answer» The disadvantages of MNCs are :\xa0(i)\xa0Small manufacturers like—batteries, capacitors, plastic toys, tyres, dairy products and vegetable oil were victims of competition.\xa0(ii)\xa0Closing down of small units rendered many workers jobless.\xa0(iii)\xa0Most employers prefer to employ workers ‘flexibly’, this means that workers jobs are no longer secure. Small Indian companies were hard hit because of Government’s changed policies such as allowing import of the goods which were previously not allowed. | |