Question

The MNC’s of a country sets up a production jointly with the local company of other country. State any one benefit of this joint production to the local company.

Answer 1

The local company gets more profit , people come to know about it and production of goods increases

Answer 2

MNC (Multi National Company) companies are spread round the globe, and while expanding it's branches it needs a lot of help for expanding in a new area where it has little knowledge about the surroundings and cultural values, political, social and many more, aspects of the locality.

In order to cope with such situations, the joint production with the local company are very helpful, because as there comes a part of profit for the local company of the company of the country, and it shall help the MNC to avoid the local hindrances, for the MNC's execution of work.