1
What
are the various ways
which MNCs set up or con tool
Production in Othed Countrie
Answers
Answer:
1) By buying local companies of an area.
2) By making partnership with the owner of local companies.
3) By investing in local companies to encourage the production of foreign product in any country.
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Answer:
Multinational corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors of production. After ensuring these conditions MNCs sets up production in following ways.
1) Jointly with some local companies of existing country.
2) Buy the local companies and then expand its production with the help of modern technology.
3) They place order for small producers and sell these products under their own brand name to the customers worldwide.
Explanation:
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