Question

How do mnc manage to keep thei cost of production of goods so low?

Answer 1

To keep the cost of production of their goods low, they also set-up their production centre near market, e.g. due to low cost of product (i.e., low labour cost, low raw material prices) MNCs set-up their factories in developing countries like India, China, Vietnam

Answer 2

To keep the cost of production of their goods low, they also set-up their production centre near market, e.g. due to low cost of product (i.e., low labour cost, low raw material prices) MNCs set-up their factories in developing countries like India, China, Vietnam