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───▄▀▀▀▄▄▄▄▄▄▄▀▀▀▄─── ───█▒▒░░░░░░░░░▒▒█─── ────█░░█░░░░░█░░█──── ─▄▄──█░░░▀█▀░░░█──▄▄─ █░░█─▀▄░░░░░░░▄▀─█░░█ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █░░╦─╦╔╗╦─╔╗╔╗╔╦╗╔╗░░█ █░░║║║╠─║─║─║║║║║╠─░░█ █░░╚╩╝╚╝╚╝╚╝╚╝╩─╩╚╝░░█ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█  : Presillyn Tan Jie Yin, Fairview International School . recent update :
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written by Presillyn Tan ✈
Production Location
Multinational corporations (MNCs) are defined as firms that engage in some form of international business like international trade, licensing, franchising, joint ventures, acquisition of existing operations, or establishing a new foreign subsidiary. MNCs have business operation in more than one country. For instance, the headquarter (HQ) of Apple Inc. is located at California, USA, but the subsidiaries of Apple were scattered around the world. The global expansion of business is the vital step to expand the Apple’s market share and its long run sustainability. Although the global expansion strategy or diversification can increase the value of MNC, however it is also incur higher level of risk and uncertainty. Thus, the country risk analysis is essential before expand the business to overseas. The advantages and disadvantages of doing national and international business are:
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