Question

how are local companies benefitted by collaborating with mncs?

Answer 1

You know,the local companies find it hard to sell their products in the market because of the presence of giant MNC's which have already developed a strong reputation in the market for themselves and so,people prefer their products, to the products of the local companies. Now,when they have merged with these MNC's,they are going to get the benefit of earning revenue since these MNC's buy in bulk and so,these local companies,in place of entering into a one sided competition with the MNC's,will actually benefit due to their existence. Hope that's what you asked for. :)

Answer 2

Answer:

Local companies benefit by collaborating with MNCs: ... MNCs can finance the additional investments for the local companies like buying new machinery for faster production. 2. MNCs may provide the companies the latest technology for efficient production as MNCs have an international outreach.