Question

what are the benefits of local companies when MNC join them

economics , class 10​

Answer 1

MNCs can provide money for additional investments, like buying new machines for faster production. MNCs might bring with them the latest technology for production. MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budgets of some of the developing countries....☺️❣️

Answer 2

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The benefit to the local company of such joint production is two-fold.

•First, MNCs can provide money for additional investments, like buying new machines for faster production.

•Second, MNCs might bring with them the latest technology for production