CHAPTER 26
Multinational Corporations
CHAPTER OUTLINE
- Origin
- Meaning
- Definition
- Objectives
- Reasons for the Growth of MNCs
- Favourable Impact of MNCs
- Harmful Effects of the Operations of MNCs on Indian Economy
- Domination of MNCs over Indian Economy
- Liberalisation and MNCs
- Assessment
- Future of MNCs
- A Critique of MNCs
- MNCs Deal a Blow to Domestic Companies
- Case 1
- Case 2
- Summary
- Key Words
- Questions
- References
ORIGIN
Multinational business operation is not a new concept. It emerged from mercantilist philosophy. The British East India Company, Hudson’s Bay Corporation, and Royal Africa Company are examples of multinational companies (MNCs) of the mercantilist era. The post-World War II period has, however, witnessed a changing hand in colonialism, ...
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