How are local companies benefitted by collaborating with multinational corporations?explan with examples
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16
________Heyy Buddy ❤________
_______Here's your Answer _______
Merits of Local Companies from MNCs are;-
☆ They earn greater profit.
☆ They produce fine quality goods.
☆ Competition in market improves their good quality.
☆ They get latest technology.
☆ They get money for additional investment.
✔✔✔
_______Here's your Answer _______
Merits of Local Companies from MNCs are;-
☆ They earn greater profit.
☆ They produce fine quality goods.
☆ Competition in market improves their good quality.
☆ They get latest technology.
☆ They get money for additional investment.
✔✔✔
Answered by
1
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.
Large MNCs set up production units jointly with local companies in a country. Many a times, they buy local companies and then start expanding their production activities. They give orders small producers and groups for production. ... Later, MNCs give them brand names and sell them to consumers.
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