What is the role of MNCs in the globalisation process?

1. Global Business Operations: MNCs operate in many countries, buying, selling, and making products globally, connecting economies together.

2. Investments and Money: MNCs invest money in different countries, bringing technology and ideas that help economies grow.

3. International Trade: MNCs trade goods and services across borders, contributing to a large part of the world’s trade.

4. Technology and Ideas: They bring advanced technology and new ideas to different countries, helping innovation and development.

5. Creating Jobs: MNCs offer job opportunities in host countries, giving people employment and helping local economies.

6. Building Infrastructure: In some cases, they help build infrastructure like factories or roads, developing host countries.

7. Influencing Products and Culture: MNCs sell products and promote cultures globally through advertising, affecting what people buy and how they live.

MNCs play a significant role in linking different countries economically, culturally, and technologically, impacting trade, job creation, and innovation globally.