how do mnc manage to keep the cost of production of their goods low?
Answers
Explanation:
Setting up factories for production in the regions where abundant raw material is available at low cost. (ii) Setting up factories for production in the regions where cheap labour is available. (iii) Setting up trade and distribution centres in regions close to their markets.
MNC are multinational corporations which do their work not I a same nation but spread it all over the world
take the example of ITT
it is an American MNC
it design products in America built in China
assemble in Europe while it's call centre is in India so in these ways it keeps the cost low as China is good for production India has low cost English speaking people and makets are near Europe
btw I wrote the full myself if any mistake then forgive me . it is in 10th CBSE my contest