Question

the MNCs of a 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.​

Answer 1

Answer:

At times, MNCs set up production jointly with some of the local companies of these countries. The benefit to the local company of such joint production is two-fold. First, MNCs can provide money for additional investments, like buying new machines for faster production.

Answer 2

Answer:

The local company which may be not getting good profit will get good income after a MNCs tie up as their position is world wide.

And also the local companies name get famous which in turn can get out of the tie up and start a new tie up.It gets a brand value

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