Multinational corporations can positively impact less developed countries through economic growth and social responsibility initiatives.
Multinational corporations (MNCs) operating in less developed countries have the capacity to make a positive impact on those nations through various means.
One argument supporting the idea that MNCs have an obligation to aid less developed countries is that they can contribute to economic growth, provide employment opportunities, and invest in local communities through corporate social responsibility initiatives.
While there are concerns about exploitation and environmental damage, MNCs can also play a role in promoting human rights, environmental protections, and social development in the countries where they operate.
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