how MNC spread their production across countries
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MNCs are spreading their production across countries in many ways. Large MNCs set up productionunits jointly with local companies in a country. ... In developing nations, largeMNCs give orders for production to small producers and groups.
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⏩ MNC is a company that owns are controls production in mode and one country. MNCs setup offices and factories for production in regions where they can get cheap labour and other resources, to minimise cost and maximize profit. They sell their finished products globally and also produce the goods and services globally. The production process is divided into small parts and they spread out across the globe.
✴ MNCs link the production process of different countries. Some ways of interlinking production across countries and discussed below:-
▶ Foreign Direct Investment (FDI)
▶ Partnerships/ Joint Venture
▶ Local Companies/Mergers/Takeover
▶ Contracts to local companies
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⏩ MNC is a company that owns are controls production in mode and one country. MNCs setup offices and factories for production in regions where they can get cheap labour and other resources, to minimise cost and maximize profit. They sell their finished products globally and also produce the goods and services globally. The production process is divided into small parts and they spread out across the globe.
✴ MNCs link the production process of different countries. Some ways of interlinking production across countries and discussed below:-
▶ Foreign Direct Investment (FDI)
▶ Partnerships/ Joint Venture
▶ Local Companies/Mergers/Takeover
▶ Contracts to local companies
☺HOPE IT HELPS ☺
✌THANKS ✌
❤ FOLLOW ME ❤
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