10th Class Social Science Globalisation Question Bank Short Answer Type - Globalisation and The Indian Economy

  • question_answer What are the characteristics of MNCs?

    Answer:

    Characteristics of MNC

    (a) They are of a giant size. The assets and sales of MNCs run into billions of dollars and they also make supernormal profits.
    (b) A multinational conducts international operations.
    (c) It is oligopolistic in character.
    (d) It grows in a spontaneous and conscious manner.
    (e) It facilitates a multilateral transfer of resources.


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