Explain demerits of mnc?

QuestionsCategory: QuestionsExplain demerits of mnc?
Rajesh Kumar asked 10 months ago

demerits of mnc

1 Answers
aman kumar answered 10 months ago

1. Danger for Domestic Industries
2. Careless exploitation of natural resources
3. change in culture
4. exploitation of people
5. hire labor of the foreign country resulting loss of employment at home
6. Cause of BOP balance of payment
7. scope for tax Avoidance and lost tax revenue
8. monopoly power leads to higher prices 

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