2. How can MNCs protect themselves from government action?

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2. How can MNCs protect themselves from government action?

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Answer 1

Answer #1

Every country has its own rules, regulations, and laws. For any MNC to operate in a particular country, the first step it needs to perform is to study these laws properly and thoroughly and how they would affect the business operations of the company in the country.

The next step would be to form a team that can provide legal counsel to the company about how various actions of the company will be perceived by the courts of the country. This will help the company in abiding by the laws of the country and will prevent any unnecessary government action upon them.

The last step would be to communicate the commitment of the company towards the local laws to each and every employee of the company which will help in warding off illegal activities in the name of business operations.

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2. How can MNCs protect themselves from government action?

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2. How can MNCs protect themselves from government action?

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