Multinational Companies (MNCs) that have opened establishments and stores in smaller regions in the United States have led to individual-owned companies to struggle for business. The advantages of MNCs include the following EXCEPT:
A)greater R&D funding and capacity
B)possession of better technology
C)better access to local markets
D)accumulated global managerial experience

Question

Quizplus · Accepted Answer

The advantages of MNCs do not include better access to local markets.
Key Takeaway: MNCs have proven themselves to be successful in penetrating markets in smaller regions in the United States. As a consequence, small, individual-owned companies struggled to compete against their establishments. Some of the advantages held by MNCs are greater R&D funding and capacity leading to improved products as well as the possession of better technology. As they operate in diverse markets, MNC management accumulate more effective managerial experience.

Multinational Companies (MNCs) That Have Opened Establishments and Stores in Smaller