explain the complex production process of MNCs .why do they do so
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MNC are multi national companies. the set up the offices and factories Worldwide. because, makes more profit. for example if a company set up the factory in china, there the can get cheap plastic. much companies set up customer care in India because, the are more high. skilled people and also the get high skilled engineers. if the want to set up markets the choose Mexico and USA. This makes 50% to 60% profit in the production.
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I hope my helping hands will help you my friend.
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Answer:
MNC stands for Multinational Company. They are companies which own or control their production in more than one country. Their production process is far more complex than any other company.
MNCs produce their goods and services globally, the entire production process is never done in a single country. The work is always distributed to one or more countries in the world.
They spread their production process so that the overall cost is low. Some countries may offer raw materials at a low cost while other countries may offer labour at low costs, etc.. So, by cutting down the costs, the overall profit of the process increases and that is why MNCs produce globally and not in a single country.
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