Read the given passage and anser the questions---
But the most common route for MNC investments is to buy up local companies and then to expand
production. MNCs with huge wealth can quite easily do so. To take an example, Cargill Foods, a very large
American MNC, has bought over smaller Indian companies such as Parakh Foods. Parakh Foods had built a
large marketing network in various parts of India, where its brand was well-reputed. Also, Parakh Foods had
four oil refinerles, whose control has now shifted to Cargill. Cargill is now the largest producer of edible oil in
India, with a capacity to make 5 million pouches dally!
Q1 What is the most common route for MNCs to invest in other countries?
Q2 Which company bought the Indian company?
Q3 Which company is the largest producer of edible oil in India?
Answers
Answered by
1
Answer:
1. The most common route for MNCs to invest in other countries is to buy up local companies and then to expand production
2.American MNC has bought the indian company
3. Parakh Foods
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