Discuss at least two (2) strategies that multinational corporations (MNCs) can undertake in order to make profit by leveraging the growing consumer demand.

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1. Increase Production Capacity: Multinational corporations can increase their production capacity to meet the growing consumer demand and make more profits. Companies should invest in new factories, equipment and technology to maximize production efficiency. This will enable them to produce more goods at a lower cost while providing faster delivery times, improved customer service and higher quality products. Additionally, MNCs could outsource some of their production work to countries with cheaper labor costs or establish operations in such countries as well.

2. Expand into New Markets: Many multinational corporations have already taken advantage of the globalized economy by expanding into new markets or creating subsidiaries abroad that are tailored to specific geographic regions around the world. This allows them to reach untapped consumers who may be interested in purchasing their products or services, thereby increasing sales and overall profitability for the company. Furthermore, companies should consider differentiating their product offerings in each market based on local preferences so that they can capitalize on any potential gaps in the market not addressed by competitors yet.