Explain the three condition that determine MNCs setting up production in other countries. What benefits enjoyed by a local company in a joint production with a MNC?
Answers
Answered by
3
Three conditions are
1. proximity to market
2. Availability of cheap and quality raw material s
3. Availability of labour at low cost
1. proximity to market
2. Availability of cheap and quality raw material s
3. Availability of labour at low cost
Anonymous:
I just copied it see this if it can help you
Srry to write comment in wrong persons box
By mistake
Answered by
1
(a) Buy up a local production company.
(b) Place orders for production with small producers, i.e., contract manufacturing.
(c) By setting up a partnership (joint venture) with a local company.
(d) Setting up their wholly owned subsidiary in the other country.
(e) By licensing or franchising their brand to a local company.
(b) Place orders for production with small producers, i.e., contract manufacturing.
(c) By setting up a partnership (joint venture) with a local company.
(d) Setting up their wholly owned subsidiary in the other country.
(e) By licensing or franchising their brand to a local company.
Similar questions