What are the advantages and disadvantages of allowing foreign company retail stores in india
Answers
Answered by
3
according to me foreign company retail stores should not be allowed in India because due to this Indian company retail stores comes in loss and foreign company retail stores get profit
Answered by
0
Answer :
The advantages to the foreign companies in setting up production in India are :-
1. Foreign companies get cheap labour. Wages that the companies pay to the workers in the USA are for higher than what they paid to the workers in India.
2. Additional expenses such as for housing facilities for workers are also cheaper.
3. Lower working conditions, including lower safety measures are used as ways of cutting costs.
Thus , companies can save costs and earn huge profits.
Similar questions