How are local companies benefited by calborating with mncs explain with.Example?
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MNC can provide money fo additional investment for buying raw materials. Second,MNC brings with them the latest technology for production. MNC companies are the globalized companies which have many branches in different cities, and they have head office in one city.
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MNCs may provide the companies the latest technology for efficient production as MNCs have an international outreach.MNCs can finance the additional investments for the local companies like buying new machinery for faster production.
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