Multinational Firms




Why multinational companies are created

To operate in many different countries and provide goods and services all around the globe

The begin business activities in other countries to avoid trade barriers

They want aim to understand the tastes and needs of their customer by employing their marketing staff in the country

 

Reasons for the growth of multinational companies

Reduced costs by operating in 3rd world countries

People demanding foreign products

Globalisation

Businesses want to avoid trade barriers

It is very important to understand the behavior of people in order to make them customers





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