In: Operations Management
Explanation:
Multinational companies that can reach the regions which are less developed and create an investment that can bring lots of jobs to that region and welfare for the society which have lesser facilities and very much less developed infrastructures. MNC’s are the one who can make difference among people who don’t have much income to spend on basic needs like foods and shelter. Corruption is not because of that people can earn less but because there is illiteracy, less developed infrastructure, corruption and bureaucracy. The main factor behind is the illiteracy and corruption that MNC’s need to battle with help of local government and agencies.
MNC’s need to develop business and infrastructure that will solve all this problem slowly and steadily. MNC need to focus on middle class, lower middle class and poor class as their main focus and need to take step to revive this class. MNC need to resolve this barrier to remove poverty from less developed countries.