The MNC's of country set up a production jointly with the local company of other country state any one benefit of this joint production to the local company
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The local companies are already in business and understand the rules and laws of that country. It makes the learning curve for the out of country business shorter and easier.
It is good public relations. It is better to work with local vendors than to come in and set yourself up to compete.
It is usually much more cost effective. You aren’t investing capital in a new facility, legal compliance, hiring personnel and all the other things that go with opening a new plant.
It is good public relations. It is better to work with local vendors than to come in and set yourself up to compete.
It is usually much more cost effective. You aren’t investing capital in a new facility, legal compliance, hiring personnel and all the other things that go with opening a new plant.
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HEY MATE HERE IS YOUR ANSWER... ..
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▶At times, MNCs set up according to the local companies and thus grab the two fold benefits to the companies.
▶This should guide in delivering a goods so that it takes place in state of way by which it increase labour.
▶It should share on countries and thus help globalization by setting up the production units with local companies.
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HOPE IT HELPS YOU
Wlcm
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