what are the ways by which mncs control production
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Ways by which MNC's control production:
- Sometimes, MNCs set up production jointly with some of the local companies of these countries.
- The most common way for MNC is investments to buy up local companies and then to expand the production. MNCs with huge amount of money can quite easily do so.
- Big MNCs in developed countries place orders for production with small people who produce footwear, garments, sports items are examples of industries where production is carried out by a large number of small producers around the world.
- They use local companies for supply by buying them up or closely competing with the local companies.
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