Explain the ways in which mnc are spreading and interlinking production....
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SPREAD AND INTRLINKUNG OF MNC
- mnc set up production jointly with local companies,
- they offer money for investments such buying of new machines
- They buy local companies and then increase production
- mnc set up production jointly with local companies, they aid local companies with capital skills and loans as a way of ensuring that production increases
- they offer money for investments such buying of new machines for the local companies by doing this they are increasing production
- They buy local companies and then increase production, in some cases they can buy the entire company then increases the production potential of the very company
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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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