° MNCs can provide money for additional investments, like buying new machine for faster production.° MNCs might bring with them the latest technology for production.° MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budget of some of the developing countries.° MNC are playing a major role in the globalisation process.° More and more goods and services, investment and technology are moving between countries.° Most region of the world are in closer contact with each other than a few decades back.° An MNC is a company that owns or controls production in more than one nation
These are multinational companies like Ford motors