what is mnc plzz tell in long
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mnc is a company that owns or controls production in more than one nation
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The full form of MNC is Multinational Corporations .
A MNC is a company that owns or controls production in more than one nation .
MNCs set up offices and factories for production in regions where they can get cheap labours and other resources.
This is done so that the cost of production is low and MNCs can earn greater profits .
You can give examples of mncs where the research centres are located in Us and components are manufactured in china coz cheap manufacturing location .. And india has good english speaking youth for which they set up call centres in India
A MNC is a company that owns or controls production in more than one nation .
MNCs set up offices and factories for production in regions where they can get cheap labours and other resources.
This is done so that the cost of production is low and MNCs can earn greater profits .
You can give examples of mncs where the research centres are located in Us and components are manufactured in china coz cheap manufacturing location .. And india has good english speaking youth for which they set up call centres in India
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