Question

What are MNC's?Explain with an example the ways through which MNC's spread their production and interact with local producers?

Answer 1

Answer:

HERE IS YOUR ANSWER DEAR....

Explanation:

There are a variety of ways in which MNCs spread their production and interact with local producers in various countries across the globe.

(i) Setting up partnerships with local companies,

(ii) Using the local companies for supplies

(iii) Closely competing with the local companies or buying them up,

(iv) MNCs are exerting a strong influence on production at these distant locations so that they couldproduce at cheapest price and earn profit.