Explain by giving example the multinational companies are spreading their production in differen wayst
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☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻THE MIDDLE OF THE 20TH CENTURY THINGS BEGAN TO CHANGE. SOME COMPANIES BECAME MULTINATIONAL CORPORATIONS (MNCs) IS THEY SPREAD THEIR ECONOMIC ACTIVITIES TO TO VARIOUS PARTS OF THE WORLD .multinational companies are spreading their production in differen ways are as FOLLOWS....
1)AN MNCS IS A COMPANY THAT OWNS OR CONTROL PRODUCTION IN MORE THAN ONE COUNTRY.
2)MNCS SET UP OFFICES AND FACTORIES FOR PRODUCTION IN RELIGION WHERE THEY CAN GET CHEAP LABOUR AND OTHER RESOUCES, TO MINIMISE COST AND MAXIMUM PROFIT.
3) THEY SELL THEIR FINISHED PRODUCTS GLOBALLY AND ASLO PRODUCE THE GOODS AND SERVICES GLOBALLY.
4) WHERE MARKETS ARE NEAR AND WHERE GOVERNMENT POLICIES LOOKS AFTER THEIR INTEREST, SINCE THE MNCS ARE PRODUCING AS WELL AS SELLING IN MANY COUNTRIES, THEY ARE INETRLIKING THE COUNTRIES AND INCREASE THE PRODUCTION.
(SOME EXAMPLES ARE AS FOLLOWS)
● IN THE ABOVE EXAMPLE CHINA PROVIDES THE ADVATAGE OF BEING A CHEAP MANUFACTURING LOACTION.;MEXICO AND EASTERN EUROPE ARE USEFULL FOR THEIR CLOSENESS TO THE MARKETS IN THE US AND EUROPE. INDIA HAS HIGHLY SKILLED ENGINEERS WHO CAN UNDERSTAND THE TECHNICAL ASPECTS OF PRODUCTION. IT ALSO HAS EDUCATED ENGLISH SPEAKING YOUTH WHO CAN PROVIDE CUSTOMER CARE SERVICES AND ALL THE CAUSES ABOUT 50-60% COST SAVING FOR THE MNCS. THUS IT CAN BE SAID THAT THE ADVANTAGE OF SPEARDING OUT PRODUCTION ACROSS THE BORDERS TO THE MULTINATIONALS CAN BE TRULY IMMENSE. ☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻^_^ ;-))
1)AN MNCS IS A COMPANY THAT OWNS OR CONTROL PRODUCTION IN MORE THAN ONE COUNTRY.
2)MNCS SET UP OFFICES AND FACTORIES FOR PRODUCTION IN RELIGION WHERE THEY CAN GET CHEAP LABOUR AND OTHER RESOUCES, TO MINIMISE COST AND MAXIMUM PROFIT.
3) THEY SELL THEIR FINISHED PRODUCTS GLOBALLY AND ASLO PRODUCE THE GOODS AND SERVICES GLOBALLY.
4) WHERE MARKETS ARE NEAR AND WHERE GOVERNMENT POLICIES LOOKS AFTER THEIR INTEREST, SINCE THE MNCS ARE PRODUCING AS WELL AS SELLING IN MANY COUNTRIES, THEY ARE INETRLIKING THE COUNTRIES AND INCREASE THE PRODUCTION.
(SOME EXAMPLES ARE AS FOLLOWS)
● IN THE ABOVE EXAMPLE CHINA PROVIDES THE ADVATAGE OF BEING A CHEAP MANUFACTURING LOACTION.;MEXICO AND EASTERN EUROPE ARE USEFULL FOR THEIR CLOSENESS TO THE MARKETS IN THE US AND EUROPE. INDIA HAS HIGHLY SKILLED ENGINEERS WHO CAN UNDERSTAND THE TECHNICAL ASPECTS OF PRODUCTION. IT ALSO HAS EDUCATED ENGLISH SPEAKING YOUTH WHO CAN PROVIDE CUSTOMER CARE SERVICES AND ALL THE CAUSES ABOUT 50-60% COST SAVING FOR THE MNCS. THUS IT CAN BE SAID THAT THE ADVANTAGE OF SPEARDING OUT PRODUCTION ACROSS THE BORDERS TO THE MULTINATIONALS CAN BE TRULY IMMENSE. ☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻☻^_^ ;-))
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