THE EFFECT OF MULINATIONAL CORPORATION ON THE NIGERIA ECONOMY
A CASE STUDY OF ANAMBRA MENUFACTURING COMPANY (ANAMMCO) ENUGU NIGERIA
Acknowledgement iv
Abstract v
CHAPTER ONE:
1.1 Background of the study 4
1.2 Organization of the study 5
1.3 statement of problem 6
1.4 Purpose of study / objective 6
1.5 Research question 7
1.6 Research hypothesis 8
1.7 Scope and limitation of the study 8
1.8 Significance of the study 8
1.9 Definitions of term
CHAPTER TWO:
LITERATURE REVIEW 10
2.1 Origin of multinational corporation 16
2.2 A review of pre colonial Niger 19
2.3 The origin of Multinational Corporation in Nigeria 21
2.4 Classification of Multinational Corporation in Nigeria 24
2.5 Review of indigestion programme in Nigeria 28
2.6 The evaluation of indigestion decree in Nigeria 32
3.1 Research Design 36
3.2 Sources of data 36
3.3 Questionnaire design 37
3.4 Data treatment techniques 38
3.5 interview question 38
CHAPTER FOUR:
4.1 presentation and analysis of data 39
4.2 Techniques applied 49
4.3 hypothesis testing and proofing 49
CHAPTER FIVE:
FINDINGS CONCLUSION AND RECOMMENDATION
5.1 Summary of findings 56
5.2 conclusion 57
5.3 Recommendation 58
Bibliography 61
Appendix
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Based in part on the development of modern communications and transportation technologies, the rise of multinational corporation was totally unanticipated by the classical theory of international trade as first developed by Adam Smith and David Ricardo. According to this theory which rests on the doctrine of comparative advantage each nation should specialize in the production and export of those goods that it can produce with highest relative efficiently while importing those good that other nations can produce relatively more efficiently.
Underlying this theory is the assumption that white good and services can move internationally factors of production such as capital labour and hand are relatively imniobile furthermore the theory deals only with trade in commodities; it ignores the role of uncertainty economies of scale and technology in international trade and is static rather than dynamic.
Contrary to the postulates of smith and Ricardo, the very existence of multinational corporation is based on international mobility of certain factors of production. Capital raised in London on the Eurodollar market may be used by on wise based pharmaceutical firm to finance the acquisition of equipment by a subsidiary in Brazil. It is the globally world innate allocation of resources by a single centralized management that differeciate the multinational enterprise from other firms engaged in international business. Decision regarding market entry strategy, ownership of foreign operations and production marketing, and financial activities and made with an eye to what is best for the corporation as a whole. The true multinational corporation can be characterized by its emphasis on group performance rather than of its individual components.
At the center of the debate on globalization one the multinational corporations giant actors who think and act globule. Their exetence is often associated with the phenomenon of globalization itself. These actors have gained power visibility and influence at all levels, and one determinant to the setting and implementation of the “ global agenda”. MNCS have created a massive wealth and propelled high technological development. However, their global role
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