Lady Indigo
Lady Indigo answered

     
  • Multinational companies are organizations which has its operations in different countires, this can be in terms of sales outlets, branches, offices etc. A good example of multinational company can be Mac Donald, Pepsi, Cocacola etc.

        Benefits of multinational Company
 
     
  • Multinational companies create more job opportunities to … Read more
Lady Indigo
Lady Indigo answered
  • There are certain weaknesses in a mixed economic system. Firstly, since in a mixed economy both the private and public sector exists side by side therefore, the private sector businesses might find it difficult to operate in the economy since there will be problems in balancing these two sectors and hence might lead to … Read more
Lady Indigo
Lady Indigo answered
  • Franchise means giving the exclusive right to interested parties to use the name and goodwill of a well known and established business in return of loyalty and an annual lumpsum. Franchiser is refered to the parent company (which is the well known and established company) while franchisee is the local company which agreed to … Read more
Lady Indigo
Lady Indigo answered
Technology is the scientific study and use of mechanical arts and applied sciences which includes equipment, knowledge and work methods that transform inputs into outputs. Technology improves the quality of human life and plays a crucial role in people’s daily lifestyles. However, there are positive and negative effects of technology on … Read more