Discuss one of the most notorious financial criminals in contemporary and modern times committed by Tom Petters.
with bases, manufacturing or assembly plants in others. Following the above descriptions, someone would wonder, how companies become multinational. Indeed, the development of a firm into a multinational company is a long-lasting, expensive and difficult procedure, which we will discuss later. At this point, it would be good to mention that a firm is any business such as a corporation or partnership. A firm differs from a multinational company by means of the firm’s market being mainly in the country it sells into and having no FDI (Foreign Direct Investment) in any other apart from the one, which it sells to. During the last few years, there has been observed, a great expansion/augmentation of MNEs (Multi national enterprises). This phenomenon greatly influences the world’s economy. There are many reasons why firms become multinational enterprises. To begin with, by becoming multinational, a company can sp>GET ANSWER