How do MNCs control production all over world? Or State the ways by which MNCs expand production all over the world?
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...........★★★The various ways in which MNCs set up or control production in other countries are :★★★...............
(a) Buy up a local production company.
(b) Place orders for production with small producers, i.e., contract manufacturing.
(c) By setting up a partnership (joint venture)
with a local company.
(d) Setting up their wholly owned subsidiary in the other country.
(e) By licensing or franchising their brand to a local company.
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MNCs have thier main head office in our country but other branches working all over the different countries of the world.
They expand themselves by outsourcing.
In this method a portion of work is transferred from the main head office to another person living in the other country. He is paid for running the branch in the other country.
They expand themselves by outsourcing.
In this method a portion of work is transferred from the main head office to another person living in the other country. He is paid for running the branch in the other country.
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