How are local companies benefitted by collaborating with MNC s
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It is becoz-
1) When MNCs set up in any region it collaborate with the local company which improve their brand and people come to know Abou that so local company become popular among the people
2) It helps in the increasing the GDP as well as development of india
3) it helps to the Worker of Lpcal company as it will required large no of products
4) MNCs give the local company new machines and technology
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1) When MNCs set up in any region it collaborate with the local company which improve their brand and people come to know Abou that so local company become popular among the people
2) It helps in the increasing the GDP as well as development of india
3) it helps to the Worker of Lpcal company as it will required large no of products
4) MNCs give the local company new machines and technology
hope it helps u plzz mark it as brainliest
Answered by
2
Question: What are the benefits to the local companies of joint production with MNCs?
Answer: The local companies of joint production with MNCs have the following benefits:
MNCs can provide them money for additional Investments, e.g. buying new machines for production, etc...
MNCs might bring with them the latest technology for production...
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