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Q.

Choose if the given statement is True/False:

Multinational Corporations Motive is to maximise their profit.

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a

True

b

False

answer is A.

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Detailed Solution

The above statement is True.
Multinational Corporations Motive is to maximise their profit, and for that, they can exploit the natural resources of the host country. These big corporations overexploit the resources of underdeveloped countries. They grab a significant market share, and the local producers find it difficult to survive in the market. Local producers find it nearly impossible to compete with MNCs with little capital and facilities. MNCs also promote social inequality. They create regional disparity. They also widen the gap between workers of the home and the host country by paying different salaries to them.

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Choose if the given statement is True/False:Multinational Corporations Motive is to maximise their profit.