Explain about the production of MNC
Answers
Answer:
A multinational company is a company that control production in more than one nation.
The ways in which MNCs produce across countries are -
➸ Multinational companies set up production jointly with some of the local companies of the countries.
➸ Most common route for multinational companies investments is to buy up local companies and then to expand production.
➸ Large multinational companies is developed countries place orders for production with small producers.
➸ The large multinational companies have a lot of power so that they can determine price and the quality along with labour conditions of the distant producers.
➸ Hence, setting a partnerships with local companies, by using the local companies for supplies, by closely completing with local companies or buying them, multinational companies are spreading markets.
Explanation:
Aloha !
MNC can be defined as Multi National Companies.
Companies such like Pepsi hold MNC in different countries to develop their company in other countries.