Question

Describe any five factors that promote the Multinational Corporations (MNCs) to setup their production units in a particular place.

Answer 1

MNCs sets up offices and factories for production in regions where they can get cheap labour and other resources. This is done, so that the cost of production is low and the MNC can earn greater profits. MNCs set up production where it is close to the market, where the availability of other factors of production is assured.

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Answer 2

Here's your answer
. Close proximity to the market
. Availability of skilled &unskilled labour at low cost
. Assured production
. Librelized policies of govt.
. Safety measurements near them
. Infrastructural development
. Cheap market place
Etc
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