What is MNC's ?¿? What is the work of MNC's
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The following points may help you:
a. MNC is a company that owns or controls production in more than one nation .
b. It produces and sell globally.
c. MNC's bring in huge financial resources and latest technology and it operates on a larger scale,.
They operate in the following manner:
a. They set up production jointly with local companies. They provide money for additional investments like buying new machines for faster production.
b. MNC may buy up local companies and then expand production. For example : Cargil Foods, a very large MNC (USA), has bought smaller Indian companies such as Parekh Foods.
b. The MNCs provide efficient managerial and advanced technology for faster production and efficient use of resources.
c. Large MNCs in developed countries place orders for production with small producers. Examples are Garments, footwear, sports items etc. The products are supplied to the MNCs, which then sell these under their own brand names to the customers.
a. MNC is a company that owns or controls production in more than one nation .
b. It produces and sell globally.
c. MNC's bring in huge financial resources and latest technology and it operates on a larger scale,.
They operate in the following manner:
a. They set up production jointly with local companies. They provide money for additional investments like buying new machines for faster production.
b. MNC may buy up local companies and then expand production. For example : Cargil Foods, a very large MNC (USA), has bought smaller Indian companies such as Parekh Foods.
b. The MNCs provide efficient managerial and advanced technology for faster production and efficient use of resources.
c. Large MNCs in developed countries place orders for production with small producers. Examples are Garments, footwear, sports items etc. The products are supplied to the MNCs, which then sell these under their own brand names to the customers.
pritikandari5:
Thnx..
Answered by
22
MNC=Multi National Company
MNC's invest money to set up they companies in other countries and buy the local products and sell them..
hope u like it
MNC's invest money to set up they companies in other countries and buy the local products and sell them..
hope u like it
Thanku...
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