The Effect of Multinational Corporation on the Nigeria Economy
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
|Find More Project Topics
|Hire Us for Thesis Works
|Hire Us for Project Works
|Hire Us for Seminar Works
|Hire Us for Assignments
|Hire Us for Proposals
Chapter One of The Effect of Multinational Corporation on the Nigeria Economy
BACKGROUND OF THE STUDY
Based in part on the development of modern communications and transportation technologies, the rise of multinational corporation was totally unanticipated by the classical theory of international trade as first developed by Adam Smith and David Ricardo. According to this theory which rests on the doctrine of comparative advantage each nation should specialize in the production and export of those goods that it can produce with highest relative efficiently while importing those good that other nations can produce relatively more efficiently.Nigeria Economy
Underlying this theory is the assumption that white good and services can move internationally factors of production such as capital labour and hand are relatively immobile furthermore the theory deals only with trade in commodities; it ignores the role of uncertainty economies of scale and technology in international trade and is static rather than dynamic.Contrary to the postulates of smith and Ricardo, the very existence of multinational corporation is based on international mobility of certain factors of production. Capital raised in London on the Eurodollar market may be used by on wise based pharmaceutical firm to finance the acquisition of equipment by a subsidiary in Brazil. Nigeria Economy
It is the globally world innate allocation of resources by a single centralized management that differenciate the multinational enterprise from other firms engaged in international business. Decision regarding market entry strategy, ownership of foreign operations and production marketing, and financial activities and made with an eye to what is best for the corporation as a whole. The true multinational corporation can be characterized by its emphasis on group performance rather than of its individual components.At the center of the debate on globalization one the multinational corporations giant actors who think and act globule. Their existence is often associated with the phenomenon of globalization itself. These actors have gained power visibility and influence at all levels, and one determinant to the setting and implementation of the “ global agenda”. MNCS have created a massive wealth and propelled high technological development.Nigeria Economy
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study.
The Effect of Multinational Corporation on the Nigeria Economy research paper should only be used as a guide.