explain by giving examples that MNCs are spreading their production in different ways.
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⭐ while spreading their production MNCs take into consideration following facts;
✔ low labour cost and low overall cost of production.
for example= China and India provides the advantages of being cheap manufacturing locations.
✔ closeness to market, MNC set up their factories in Mexico and Eastern Europe due to their closest to market in US and Europe.
✔ skilled manpower.
for example= MNC set up their offices, factories and customer service centre in India as it has highly skilled engineers and educated English speaking youths.
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soen:
thanks a lot
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1. low labour cost and low overall cost of production.
for example= China and India provides the advantages of being cheap manufacturing locations.
2. closeness to market, MNC set up their factories in Mexico and Eastern Europe due to their closest to market in US and Europe.
it helps you
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