May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 38: Globalization, MNCs and Foreign Capital in India | 483 |
development centres in Bengaluru and have helped scientifi c
culture in that city.
(iv) Benefi t of large-scale operations worldwide in R & D : Many
MNCs because of their large presence worldwide bring in sev-
eral benefi ts as in R & D. Poor countries cannot afford heavy
investments in R&D in 2007. India spent only 0.9 per cent
in this vital area of technology development.
(v) Local supplier development : Multinationals because of their
large needs, encourage local suppliers. For instance, MNCs
such as Ford and Hyundai outsource their spare parts and
components from small Indian companies, which fl ourish
and provide employment to thousands of people.
(vi) New ...
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