Question

what is mean by the term MNC ? describe the any four features to required to set up the MNCs ?

Answer 1

1) MNC is the company which owns or controls production in more than one nation.
2)MNCs set up offices and factories for production in regions where they can get cheap labour and other resources.
 3) MNCs set up production where it is close to market, where skilled and unskilled labour are available