![]() ![]() Each international branch, while operating separately, must follow the general framework of the parent company.Įconomic power: Multinational companies have significant economic power due to their enormous size and turnover. ![]() Unity of control: multinational companies often have their headquarters in the home country to manage overall business activities across the globe. 4 McDonald’s global revenue was $23.2 billion in 2021. 3 Coca Cola’s net operating revenues amounted to $33.01 billion in 2020. For example, Amazon's international sales reached $127.79 billion in 2021. Large volume of sales: w ith customers around the world, MNCs generate a large sum of revenue each year. Lifestyle and Technological Environmentīelow are the main features of multinational companies:.Business Considerations from Globalisation.Risks and Rewards of Running a Business.Evaluating Business Success Based on Objectives.Information and Communication Technology in Business.Effects of Interest Rates on Businesses.Improving Employer - Employee Relations. ![]()
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