Question

what is the role of mncs in the field of production?​

Answer 1

Answer:

Foreign Collaboration or Joint Ventures:

Foreign Collaboration or Joint Ventures:More often, to reduce its overall production costs multinational companies set up joint ventures with local foreign firms to manufacture inputs or sub-components in foreign markets to produce the final product in the home country.

Answer 2

Answer:

To reduce its overall production costs multinational companies set up joint ventures with local foreign firms to manufacture inputs or sub-components in foreign markets to produce the final product in the home country.

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