Question:
Explain the main features of Multinational Company.
Answer:
Multinational Company may be defined as a company that has business operations in several countries by having its factories, branches or offices in those countries. But it has its head quarter in one country in which it is incorporated. Example: GEC, IBM, PHILIPS, COCA-COLA etc.
Features
- Huge capital resources: MNCs possess huge capital resources and they are able to raise lot of funds from various sources.
- International operations: A MNC has production, marketing and other facilities in several countries.
- Centralised control: MNCs have headquarters in their home countries from where they exercise control over all branches and subsidiaries. It provides only broad policy framework to them and there is no interference in their day to day operations.
- Foreign collaboration: Usually they enter into agreements relating to sale of technology, production of goods, use of brand name etc. with local firms in the host country.
- Advanced technology: These organisations possess advanced and superior technology which enable them to provide world class products and services.
- Product innovations: MNCs have highly sophisticated research and development departments. These are engaged in developing new products and superior design of existing products.
- Marketing strategies: MNCs use aggressive marketing strategies. Their brands are well known and spend huge amounts on advertising and sale promotion.
Private, Public and Global Enterprises
Q 1.
Multinational Companies have done more harm than good. Explain.
Q 2.
Discuss the merits and demerits of Departmental Undertaking.
Q 3.
State the various types of organizations in the private sector.
Q 4.
Explain three trends indicating changing role of public sector.
Q 5.
Why is the government company form of organization preferred to other types in the public sector?
Q 6.
Can the public sector companies compete with the private sector in terms of profits and efficiency? Give reasons for your answer.
Q 7.
"MNC's are in a position to exercise massive control on an economy."Substantiate.
Q 8.
Explain the main features of Multinational Company.
Q 9.
Explain the merits and demerits of public-private partnership.
Q 10.
"Public sector has changed its role since 1991 a great deal". Do you agree? Justify your answer.
Q 11.
Give the meaning of Government Company. Explain three merits and three limitations of Government Company.
Q 12.
What was the role of the public sector before 1991?
Q 13.
What are the benefits of entering into joint ventures?
Q 14.
What is Statutory Corporation? Explain its features, merits and demerits.
Q 15.
Explain the concept of Public Sector and Private Sector.
Q 16.
Why are global enterprises considered superior to other business organizations?
Q 17.
Describe the Industrial Policy 1991, towards the public sector.
Q 18.
"Global enterprises are giant both in size and operations."Substantiate this statement.
Q 19.
Define Joint Venture and explain its major benefits.
Q 20.
How does the government maintain a regional balance in the country?
Q 21.
What are the different kinds of organizations that come under the public sector?
Q 22.
"The basic rationale of public sector has changed significantly."In the light of this statement explain any four initiatives taken by the government.
Q 23.
List the names of some enterprises under the public sector and classify them.
Q 24.
What is the difference between Public and Private sector?
Q 25.
Differentiate between Statutory Corporation, Departmental Undertaking and Government Company.
