Why are global enterprises considered superior to other business organisations ?

Explanation

Global enterprises are considered superior to other business organizations because it has following advantages which other business organizations may not have.


1. Availability of capital:
MNCs possess ample of capital resources and they are able to raise lot of funds from various sources.


2. International operations:
A MNC has production, marketing and other facilities in several countries.


3. Centralized control:
MNCs have headquarters in their home countries from where they exercise their control over all branches and subsidiaries. It provides only broad policy, framework to them and there is no interference in their day to day operations.


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