These days many multinational companies launch their branches in developing countries. Although It gives the chance to develop Laborers, it reduces the cost of the product at the cost of other things.
Initially, there is a big advantage when multinational companies open in developing countries because they take employees skills to higher levels, and provide really powerful benefits which maybe don't exist in our local companies, as per a Statistic, most multinational corporations spend about 5%-10% of their yearly budget on innovative research and development projects. Actually, the culture of investing money in improving the corporate's employees strongly find in the multinational companies.
Despite this advantage, multinationals will want to produce in ways that are as efficient and as cheap as possible and this may not always be the best environmental practice. They will often lobby governments hard to try to ensure that they can benefit from regulations being as lax as possible and given their economic importance to the host country, this lobbying will often be quite effective.
eventually, multinational companies have a very big impact on developing countries and of course, rising the economy of these countries
These days
many
multinational
companies
launch their branches in developing
countries
. Although It gives the chance to develop Laborers, it
reduces
the cost of the product at the cost of other things.
Initially
, there is a
big
advantage when
multinational
companies
open in developing
countries
because
they take employees
skills
to higher levels, and provide
really
powerful benefits which maybe don't exist in our local
companies
, as per a Statistic, most
multinational
corporations spend about 5%-10% of their yearly budget on innovative research and development projects. Actually, the culture of investing money in improving the corporate's employees
strongly
find in the
multinational
companies
.
Despite this advantage,
multinationals
will want to produce in ways that are as efficient and as
cheap
as possible and this may not always be the best environmental practice. They will
often
lobby
governments
hard
to try to ensure that they can benefit from regulations being as lax as possible and
given
their economic importance to the host
country
, this lobbying will
often
be quite effective.
eventually
,
multinational
companies
have a
very
big
impact on developing
countries
and
of course
, rising the economy of these
countries