Which of the following is the aim of MNCs?

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Earning profit

Expanding business in foreign countries

Selling goods and services in other nations

All of the above

answer is D.

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Detailed Solution

The main aim of Multinational Companies is to earn profits, expanding business in foreign countries and selling goods and services in other nations.
They employ various production tactics and means to cut down employees’ costs to the company to expand their profit margin. To achieve this, MNCs look forward to expanding their business in foreign markets so that they can set up manufacturing and production units to bring down production costs. They also compete with other brands by selling their products in global markets, which fetches them more profits. Reduced cost of manufacturing, proximity to the marketplace, and varied sales in international markets together result in the generation of more revenue for them.

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