Question

Two benefits the local companies get when they set up production units with mnc?

Answer 1

The benefit of local companies with such joint production is two fold.

1. MNCs can provide money for additional investments, like buying new machines for faster production etc...

2. MNCs might bring with them latest technology for production

Hope it Helps...

Answer 2

Answer:

(i) MNCs can provide money for additional investments, like buying new machines for faster production.

(ii) MNCs might bring with them the latest technology for production.

(iii) MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budgets of the developing countries.