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Business Environment by A. C. Fernando

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38

GLOBALIZATION, MNCs AND FOREIGN CAPITAL IN INDIA

This chapter deals with three important topics which are interlinked, namely, globalization, multinational corporations (MNCs) and foreign capital. Under globalization, we deal with the factors facilitating globalization, the role of the corporation in globalization and doing business in a diverse world. While studying multinational corporations, we learn their role, the excessive economic clout they enjoy, the current issues relating to multinational corporations, the advantages of MNCs to the host nation, their disadvantages, regulation of MNCs, and the MNCs in India representing most developed nations. The study of foreign capital includes the study of the need for foreign capital, kinds ...

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