Learning objective

Explore the reasons behind the significance and expansion of multinational companies (MNCs), including the advantages for businesses and their stakeholders, as well as the potential benefits and drawbacks for the host country or economy, such as job creation and local business impacts.

Read the explanation, check the common trap, then practise with flashcards and questions.

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Exam focus

Read the explanation.
Check key terms.
Practise with linked questions.

Cambridge IGCSE Business StudiesExternal influences on business activity

Study support

Understand this objective

Quick explanation

Explore the reasons behind the significance and expansion of multinational companies (MNCs), including the advantages for businesses and their stakeholders, as well as the potential benefits and drawbacks for the host country or economy, such as job creation and local business impacts

This point belongs to Business and the international economy, especially Business and the international economy outcomes.
You need to be able to explore the reasons behind the significance and expansion of multinational companies (MNCs), including the advantages for businesses and their stakeholders, as well as the potential benefits and drawbacks for the host country or economy, such as job creation and local business impacts.
The key ideas to know are Explain, Justify, and Consider.
Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.

Key concepts

ExplainJustifyConsider

Why it matters

This objective helps connect Business and the international economy outcomes to exam-style questions, flashcards, and revision notes for Business and the international economy.

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