Role of mncs in globalisation point wise
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☢MNC's play an important role in the globalisation process such as;
1. close Ness to market, for example= MNC set up their factories in Mexico and Eastern Europe due to their closeness to the market in US and Europe.
2. skilled manpower.
for example = MNC set up their offices, factories and customer service centre in India as it has highly skilled engineers and educated English speaking youth.
3. low labour cost and low overall cost of production. for example= MNC set up their factories and companies in China and India because China and India provides the advantage of being cheap manufacturing location.
☺ Hope this helps you deaR ✌.
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