1.6 Glossary of key terms
Unit 1.6 - Glossary of key terms: Multinational Companies (MNCs)Key termDefinitionCorporation taxRefers to a type of direct tax imposed on the profits of a business by the domestic government.Diseconomies of scaleGrowth that is excessive results in inefficiencies and higher average costs of production, perhaps due to problems such as miscommunication, misunderstandings, and poor management of resources.
To access the contents of this site, you must subscribe.