Question

Describe any five ways by wch multinational companies are spreading their products across the world

Answer 1

1) foreign trade
2) globalisation
3) coalition with local companies
4) buying local companies
5) foreign direct investment

Answer 2

Multinational corporations:

Multinational corporations (MNCs) normally set up their manufacturing units, where they develop profitable business conditions like- economical skilled labor, business-friendly government policies, proximity to the market and so on. The setting up of production in various countries leads to the development of products globally.  

In this regards, MNCs control production is in following ways-

1. Forging association with local companies

2. Competing with local companies or buying them up

3. Outsourcing of required inputs

Learn more about MNCs:

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