What is an MNC? Discuss four conditions which the MNCs look for setting up business units in any country?
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MNC stands for multinational companies who established the factories and offices in other developing countries.
CONDITION FAVOURABLE FOR MNC :
1. MNC looks where cheap skilled And unskilled Labour are available .
2. MNC look for those government measure that would protect the profit.
3. MNC setup production with small Producers and buy dose producer to increase their income
CONDITION FAVOURABLE FOR MNC :
1. MNC looks where cheap skilled And unskilled Labour are available .
2. MNC look for those government measure that would protect the profit.
3. MNC setup production with small Producers and buy dose producer to increase their income
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2
Answer:
HLW..........
Explanation:
(1)WHAT IS AN MNC ?
ANS:
Multinational corporation are the organizations which own or control the production of goods and services in countries other than their home countries.
(2) DISCUSS FOUR CONDITIONS IN WHICH THE MNCs LOOK FOR SETTING UP BUSINESS UNITS IN ANY COUNTRY.
ANS:
⭐ Availablity of Skilled and unskilled labours at a low cost.
⭐ Closeness to the market
⭐ Government policies which look after their interest.
⭐proper facilites of factories like water and electricity
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