Question

how would flexibility in labour laws help MNCs

Answer 1

Hey mate here is your answer

Flexibility in labour laws can help the companies to decrease their production cost by employing labours for the short period of time when
there is need  instead of employing them for long period of time or yearly basis.

OR


The government has allowed flexibility in the labour laws to attract foreign investment.In recent years,the government has allowed the ignorance of labour laws by the companies.Globalisation and competition among producers have changed the life of the workers.Earlier the workers were employed permanently but now the workers are employed flexibly which means their jobs are no longer secure.When there is pressure of work they are employed otherwise are dismissed.This help the companies as it reduce the cost of labour thereby decreasing cost of production and ensuring more profits for themselves.

Answer 2

MNCs would get flexibility in labour laws due to favourable government the government provide land and infrastructure for their development remove all the trade barriers government also provide them all the requirement what they need and the main criteria of MNCs to get more and more profit and get good production from that country so they these are the main points which was the flexibility in labour laws help MNCs
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