how are the goods and services produced globally by the multinational corporation
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it will produced by like areoplane,ships , steamer etc.... its called like multinational corporation
jasmine765:
sry for the any mistakes
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→ An MNC is a company that owns or controls production in more than one nation.
→ They set up offices and factories for the production in t where they can get cheap labour and other resources.
→ The MNC not only sells its finished goods globally, but more importantly, the goods and service are produced globally.
→ At times MNCs set up production jointly with some of the local companies of t countries. But the most common route for MNC investments is too but up local companies and then to expand production. MNCs with huge wealth can quite easily do so.
→ these large MNCs have tremendous power to determine price, quality, delivery and labour conditions for these distant producers.
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