Why have multinationals been created?
Marketing
Pay less taxes
To get more rivals
Enviromental damage is a disadvantage in multinationals
Globalisation is the growing integration of the world's
Advantages of multinationals
Increase in exports
Decrease in tax revenue
Increase in income and employment
Lack of accountability
Products are traded limitedly across international borders. There are government restrictions.
❌ are a large business with markets and ❌ facilities in several different countries
Enterprise development
People to set up businesses in less developed countries
People to set up businesses in more developed countries
Repatriation is where a returns the from an overseas venture to the country where it is based
Why are multinationals such as Starbucks and McDonalds created
To expand the franchise for a better image and retain profit
So they don't have to pay as much taxes locally
To make sure all the kids in the world are fed
Why might it be risky to run a multinational company
Transfer of technology
