Question

what are MNCs how do local companies benefited by collaborating with MNCs

Answer 1

A MNC is a company that owns or controls production in more than one nation.


First,MNC can provide money fo additional investment for buying raw materials.
Second,MNC brings with them the latest technology for production.

Answer 2

MNC companies are the globalized companies which have many branches in different cities, and they have head office in one city.

Local companies benefited by MNC companies because 1) MNC can buy raw materials in higher price.

2) MNC can investment money on local companies for developing.

3) MNC companies have many contacts with other cities's companies so they know the modern techniques of improving companies.