Monday, February 16, 2009

MNCs Presence in Brazil

Through investment, job creation, and charitable works, MNC have helped spur on economic growth in Brazil. Multinational corporations are not only positively impacting Brazil through philanthropic and economic efforts, but are stimulating growth of domestic businesses as well. Domestic businesses are becoming increasingly aware that they can gain access to foreign markets, credit, and technology to survive. MNC have access to these necessary components of growth, and they can and will provide these to domestic businesses looking to grow. Furthermore, MNC promote human rights by increasing the incentives for Brazilians to become educated and for the government to better fund schooling. MNC are providing the incentive for seriously investing in education. Multinational corporations are often the primary avenue for educated Brazilians to achieve a higher pay scale.