what are multinational companies? how do they control production in other countries?
Answers
Answered by
1
HELLO!!!
GOOD AFTERNOON.
MULTINATIONAL COMPANIES ARE ALSO KNOWN AS MNC THEY SET UP THEIR PRODUCTION IN THE DIFFERENT PART OF WORLD TO GAIN THE A HUGE AMOUNT OF PROFIT.
MULTINATIONAL COMPANIES CONTROL PRODUCTION FINANCIALLY.
MULTINATIONAL COMPANY TAKE THE RAW MATERIAL FROM THAT COUNTRY AND PROVIDE THE JOB TO THAT COUNTRY PEOPLE.
HOPE IT HELPES!!!
THANKS
GOOD AFTERNOON.
MULTINATIONAL COMPANIES ARE ALSO KNOWN AS MNC THEY SET UP THEIR PRODUCTION IN THE DIFFERENT PART OF WORLD TO GAIN THE A HUGE AMOUNT OF PROFIT.
MULTINATIONAL COMPANIES CONTROL PRODUCTION FINANCIALLY.
MULTINATIONAL COMPANY TAKE THE RAW MATERIAL FROM THAT COUNTRY AND PROVIDE THE JOB TO THAT COUNTRY PEOPLE.
HOPE IT HELPES!!!
THANKS
Shavik:
no
Answered by
1
MNC company that owns or controls production in more than one Nation
Following are the ways in which MNCs set up production in other countries
1) MNCs set up offices and factories in the regions where they can get cheap labour and other raw material naturally this will decrease the cost of production and this will increase their profit.
2) set up production jointly with some other local companies it has to benefit for a local company
a) the latest technology will be introduced by MNC
b) investment will be made by MNC
3) place order of production with small producers prevailing in the country
4)buy up the local companies and expand production example Parag foods and Cargill foods
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