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Define the term Multinational corporations?
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- What are the effects of multinational corporations in the Philippine economy?Why would multinational corporations from the U.S. be interested in emerging and developing markets (e.g. Latin America, Africa, Central and Southeast Asia)? Would MNCs be better off focusing their efforts on more industrialized markets (US, Canada, western Europe, Australia, Japan)? Explain?what do you thinks are the effects of multinational companies in the Philippines economy?
- How does technologies transformed the structures and operations of global corporations? Has the rapid growth of global corporate capitalism led to a diffusion of influence in the global economy?Are there certain small businesses (or industries) that would not benefit from going global? Explain.Intellectual property and patent laws vary greatly in developing countries. How wouldyou propose to protect your products in a developing country with a large populationwhere the CEO of a generic pharmaceutical manufacturer states: “The U.S. wouldgrant a patent on a piece of toilet paper. Just because the U.S. granted a patent doesn’tmean it should be valid in our country.”