How does local can benefited by the MNCs ??
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Answers
Answer:
Local companies benefit by collaborating with MNCs: 1. MNCs can finance the additional investments for the local companies like buying new machinery for faster production. ... Local companies will benefit financially through a partnership with an MNC because the production and its efficiency would naturally increase.
Explanation:
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MNC companies are the globalized companies which have many branches in different cities, and they have head office in one city.
Local companies benefited by MNC companies because 1) MNC can buy raw materials in higher price.
2) MNC can investment money on local companies for developing.
3) MNC companies have many contacts with other cities's companies so they know the modern techniques of improving companies.