Question

What is MNC? How do MNCs organise production? [3]

Answer 1

MNC stands for multi-national corporation. Among Indian Companies, the Tata Group and the Aditya Birla Group are referred to as MNCs in their countries of operation outside India. Among foreign Companies, Samsung, LG, Sony, Panasonic, GE, Bayer etc are some of the leading MNCs operating across the world.
In order to be competitive, the MNCs source raw material, employ labour and set up production facilities wherever the cost or rate is lowest in order to have economic advantages. They also scale up their production into large volumes in order to attain low cost per unit produced; this is called economic scale of production. The MNCs look to set up base in countries where political, bureaucratic, governmental and other local interference is minimum, the tax system is less stringent and concessions are extended by the local government to encourage industrial growth.     

Answer 2

HEY MATE HERE IS YOUR ANSWER ;-

WHAT IS MNC:-

A multinational corporation (MNC) has facilities and other assets in at least one country other than its homecountry. Such companies have offices and/or factories in different countries and usually have a centralized head office where they coordinate global management.

ORGANIZED PRODUCTION OF MNC:-

1. it get it's product designed at the research centres of United States .
2.components manufactured in China as it is a cheap manufacturing location.
3. These are then shipped to Mexico and Eastern Europe due to their proximity due to the markets of US and Europe.
4. These products are assembled there and sell all over the world.

HOPE IT HELPS