What Challenges Do Multinational Corporations Face?
Despite their advantages, MNCs also face several challenges:
Regulatory Compliance: Navigating different regulatory environments in multiple countries can be complex and costly. Cultural Differences: Understanding and adapting to diverse cultural norms and business practices can be challenging. Political Risks: Political instability in host countries can pose significant risks to operations and investments. Currency Fluctuations: Exchange rate volatility can impact profitability and financial planning.