M.N.C set a production jointly with some of the local companies. Is it beneficial for local companies
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(i) MNCs can provide money for additional investments, like buying new machines for faster production.
(ii) MNCs might bring with them the latest technology for production.
(iii) MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budgets of the developing countries.
(ii) MNCs might bring with them the latest technology for production.
(iii) MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budgets of the developing countries.
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