What are the advantages for a local company that joins hands with an MNC for production
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At times MNCs set up production jointly with some local companies. The benefit to the local companies of such joint production is two-fold. 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.
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At times, MNCs set up production jointly with some local companies. The benefit to the local companies of such joint production is two-fold.
(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. make me ace..
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