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Business Environment, 2nd Edition by Shaikh Saleem

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CHAPTER 26

Multinational Corporations

CHAPTER OUTLINE

ORIGIN

Multinational business operation is not a new concept. It emerged from mercantilist philosophy. The British East India Company, Hudson’s Bay Corporation, and Royal Africa Company are examples of multinational companies (MNCs) of the mercantilist era. The post-World War II period has, however, witnessed a changing hand in colonialism, ...

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