INTBUS 151G Lecture 1: INTBUS 151G NOTES
6 Dec 2017
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Multi national corporations (mncs) are not necessarily big, hi-tech, politically powerful, american/japanese/european or bad. An mnc is simply a firm that engages in foreign direct investment (fdi). A mnc is comprised of a parent firm based in the home country, which engages in. Fdi to take control over another company, called the subsidiary, located in the host country. Consequently, an mnc is a firm comprised of multiple companies situated in different countries. Investment: buying something that pays you back, something you buy but don"t consume. Direct: buying something that pays you back more because you actively manage it. Early quasi-mncs: mncs bc, assyria 4000bp early writing reveals embryonic mnes. The east india country: private company granted a royal charter by queen elizabeth in. The right climate for mncs: the emergence of corporate personality and limited liability, a world of independent states, capitalists, high speed communication.
