Which of the following is an incorrect feature of multinational corporations(MNCs):

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It owns or controls production in more than one nation.

It sets up factories where it is close to the markets.

It organises production in complex ways.

It employs labour only from its own country.

answer is D.

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Detailed Solution

"It employs labor only from its own country", which is an incorrect feature of multinational corporations(MNCs).
An MNC, also known as a multinational company, is a company that owns or controls production in more than one country. MNCs typically locate their manufacturing facilities close to markets, where skilled and unskilled labour is inexpensively available and where the availability of other production inputs is guaranteed. MNCs may also search for government policies that protect their interests. These companies have many features. Some of them are:

International operations: Multinational companies play an essential role in world trade. Global companies contribute almost 40% of the world's trade.

Modern technology: MNCs have significant capital and new technologies and infrastructure. As a result, it does diversified and diverse activities, including manufacturing, marketing, financial, research, and development.

Research and development (R&D): These companies highly value research and development. They also have the necessary infrastructure and are fully equipped. Therefore, R&D is carried out to create new systems, products, and technologies.

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