Learn with NITISH KUMAR

What Is a Multinational Corporation (MNC)? A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. A multinational corporation, or multinational enterprise, is an international corporation that derives at least a quarter of its revenues outside its home country. Multinational corporations participate in business in two or more countries. History: The history of the multinational is linked with the history of colonialism. Many of the first multinationals were commissioned at the behest of European monarchs in order to conduct expeditions. Many of the colonies not held by Spain or Portugal were under the administration of some of the world's earliest multinationals. One of the first arose in 1600: The East India Company, founded by the British. It was headquartered in London, and took part in international trade and exploration, with trading posts in India.Other examples include the Swedish Africa Company, founded in 1649, and the Hudson's Bay Company, which was incorporated in the 17th century. Advantages: There are a number of advantages to establishing international operations. Having a presence in a foreign country such as India allows a corporation to meet Indian demand for its product without the transaction costs associated with long-distance shipping. Corporations tend to establish operations in markets where their capital is most efficient or wages are lowest. By producing the same quality of goods at lower costs, multinationals reduce prices and increase the purchasing power of consumers worldwide. Disadvantages: Those opposed to multinationals say they are ways for corporations to develop a monopoly (for certain products), driving up prices for consumers, stifling competition, and inhibiting innovation. They are also said to have a detrimental effect on the environment because their operations may encourage land development and the depletion of local (natural) resources. Join>> @dailynewscom

ROLE OF YOGA IN LIFE: The word ‘yoga’ derives from Sanskrit and means to join or to unite, symbolizing the union of body and consciousness. Yoga cultivates the ways of maintaining a balanced attitude in day-to-day life and endows skill in the performance of one’s actions. Yoga is a union of physical, mental as well as spiritual practices and disciplines that is said to have originated in India almost 5,000 years ago. History of Yoga Though Yoga was being practiced in the pre-Vedic period, the great Sage MaharshiPatanjali systematized and codified the then existing practices of Yoga, its meaning and its related knowledge through his Yoga Sutras. Sage Patanjali’s treatise on raja yoga, the Yoga Sutras, says Yoga comprises of yama, niyama, asana, pranayam, pratyahara, dharana, dhyana and samadhi. Why is it necessary to have yoga in our daily life? - Practicing yoga develops physical health. - It develops mental health. - It develops social health. - It develops spiritual health. - It helps in our self-realisation, etc. -Yoga promotes self-healing. - Removes toxins from the body and negative blocks from the mind. - Yoga increases self-awareness. - Increases personal power. - Boost immunity. - Increases concentration and focus. - Yoga helps in reducing stress level and tension in the physical body. Join>> @dailynewscom