Question

Describe any four factors that are required to set up mncs

Answer 1

FACTORS REQUIRED FOR SETTING UP MNCS:

* RAW MATERIAL :- EASY ACCESS TO RAW MATERIALS

*CHEAP LABOUR :- MNCS SET UP THEMSELVES WHERE THEY GET CHEAP LABOUR

* GOVT. POLICIES :- POLICIES SHOULD BE LIBERAL

*MARKET :- EASILY ACCESS TO MARKET

Answer 2

factors which lead to the set up of MNCs are:-

1) availability of cheap and skilled labour
2) favourable government policies
3) closeness to the market
4) availability of raw material