Question

Explain the role and influence of Multinational Enterprise in the global economy. Elaborate and provide examples and references about the topic

Answer 1

Multinational Enterprise is a business entity that conducts its legal activity in many countries across the globe under Single Corporation. It is therefore, an International activity which benefits all the stakeholders who work with it. It therefore, has a number of benefits to all the members in partners.

MNE contributes to increase country's capital that host. Just like other business activities contribute to the GDP of a country, MNE also contribute

MNE is an international activity, thus it involve different stakeholders of different capabilities, technology and knowhow. This will in turn expand and bring technology and managerial expertise in the disposal point. Sharing and exchanging ideas from different persons always enhances innovation and eventually leads to development of a country.

MNC's contribute a lot to country's or global exports. Countries under the umbrella collectively produce some commodities that eventually are being exported and these exports brings revenues to our/countries concerned.

MNE is sources of employment to many working persons at all levels. This help eradicate poverty and encourages improvement in living standard of people

MNE is an international activity, hence making it possible to extend managerial control across national borders thus enhancing coercion and understanding between countries.