Definition of multinational company which says that a company which serves more than one country at a time and small description about its background. 2. Main body contains:- * Description about how multinational corporations give employment and remove poverty. * Role of these companies in enhancing local economies. * Its impact on globalization. 3. Conclusion- about how multinational corporations are beneficial to the world. INTRODUCTION Multinational companies have brought revolution
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originally discovered India because of India’s spices and their fascination with the land. Soon after the East India Company was formed. The East India Company was an early English company that was formed initially for pursuing trade with the East Indies but ended up trading with India. They traded mainly in cotton‚ silk and cash crops. England soon came to rule India by the administration. Great Britain’s imperial rule in India had a positive impact and influence on India. It improved India’s infrastructure
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swept over Asia‚ the Middle East‚ and Africa. The Western nations‚ pursuing new raw materials‚ established control‚ and became very powerful. The non-Western world obtained many benefits‚ such as industrialization and public education. While imperialism proved beneficial‚ it also resulted in warfare‚ racism‚ economic discrimination‚ and slavery. Both India and sub-Saharan Africa were affected by European imperialism. Between 1750 and 1914‚ European imperialism in India and sub-Saharan Africa created
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A joint-stock company is a business entity which is owned by shareholders. Each shareholder owns the portion of the company in proportion to his or her ownership of the company’s shares (certificates of ownership). [1] This allows for the unequal ownership of a business with some shareholders owning a larger proportion of a company than others. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. [2] In modern corporate
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Dutch East Indies during this time‚ were the spice Islands/trade. Merchants from the Middle East and China had decided to come to the Dutch East Indies‚ trading many items such as silk‚ perfume‚ opium and incense. Spices were extremely valuable during that time‚ like gold is today; spices were as precious as that. But not all was good‚ in 1580 the trade was interrupted due to the Spanish closing the port of Lisbon to the Dutch-making it impossible for trade to happen. However the Dutch East India
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Compare and contrast how India was governed before and after 1857. India was once under the British rule in direct or indirect way. After the East India Company was founded in 1600‚ British has spent 250 years taking over the colonies and trade of the Dutch‚ repelled the French‚ and beat back Indian challenges. The Mughal empire was decayed‚ and by 1858 British obtained the vast continent from the Mughal emperor’s dethronement. British controlled India in their rule since then
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Education of Indians had become a topic of interest among East India Company officials from the outset of the Company’s rule in Bengal.[65] In the last two decades of the 18th century and the first decade of the nineteenth‚ Company officials pursued a policy of conciliation towards the native culture of its new dominion‚ especially in relation to education policy.[65] . During the 19th century‚ the Indian literacy rates were rumoured to be less than half of post independence levels which were 18
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Tipoo’s tiger is a significant symbol between the East and West. It represents India’s dominance over the West‚ Europe. The Tiger represents India’s power‚ with the soldier representing Britain. However‚ Tipoo’s Tiger is located at the Victoria and Albert Museum in London. It was captured from the Sultan after the British invaded Seringapatam and killed Tipu Sultan on the 4th May‚ 1799. The palace was then attacked and the Sultans belongings scattered‚ with many ending up in Britain‚ most noticeably
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Discuss the factors that a multinational company needs to consider in setting up a factory in a developing country? (20) A multinational company is any organization that has its headquarters in one country‚ but with operating branches‚ factories and assembly plants in other countries. A factory is an industrial building where workers gather and concentrate resources to manufacture goods and operate machine processing one product to another i.e. value adding. Developing country is a nation that
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belived that the products/services‚ marketing tools & strategies that are successful in urban areas‚ could be transplanted with little or no more modifications in rural areas. However‚ the second school saw a clear distinction between urban & rural India‚ & suggested a different approach‚ skills‚ tools & strategies to be successful in rural markets. What differentiates the two markets is not mere income‚ but a host of other infrastructural & socio-cultural factors. The rural market cannot
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