Economy, asked by shivanidagriya22, 10 months ago

explain any four ways in which MNC have spread their production and with local producers in various countries across the globe​

Answers

Answered by rohitsharma2k613
3

Answer:

The multinational corporations have spread their production and interaction with local producers in the following ways :

(i) Setting up production jointly with local companies. They provide money for additional investments like buying new machines for faster production. For example : Cargil Foods, a very large MNC (USA), has bought smaller Indian companies such as Parekh Foods.

(ii) The MNCs provide efficient managerial and advanced technology for faster production and efficient use of resources.

(iii) They have increased their investments over the past 15 years. They provide employment opportunities to the masses. The local companies supplying raw material to these industries have prospered.

(iv) Many food processing multinational companies such as Pepsi, Coca-Cola have taken over Indian markets in cold drinks and food products. This helps in greater choice for consumers with a variety of goods at cheap prices.

Explanation:

Answered by nasirulhaq6595
4

Answer:

HERE IS YOUR ANSWER DEAR...

Explanation:

There are a variety of ways in which MNCs spread their production and interact with local producers in various countries across the globe.

(i) Setting up partnerships with local companies,

(ii) Using the local companies for supplies

(iii) Closely competing with the local companies or buying them up,

(iv) MNCs are exerting a strong influence on production at these distant locations so that they couldproduce at cheapest price and earn profit.

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