how are MNCs spreading their production and interacting with local producers?
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The multinational corporations have spread their production and interaction with local producers in the following ways :
(i) Setting up production jointly with local companies. They provide money for additional investments like buying new machines for faster production.
(ii) The MNCs provide efficient managerial and advanced technology for faster production and efficient use of resources.
(iii) They have increased their investments over the past 15 years. They provide employment opportunities to the masses. The local companies supplying raw material to these industries have prospered.
:)
(i) Setting up production jointly with local companies. They provide money for additional investments like buying new machines for faster production.
(ii) The MNCs provide efficient managerial and advanced technology for faster production and efficient use of resources.
(iii) They have increased their investments over the past 15 years. They provide employment opportunities to the masses. The local companies supplying raw material to these industries have prospered.
:)
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Answered by
1
Answer:
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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