What term and condition applied by MNC for distant producer
Answers
Answer:
How MNC spread their production?
Answer: MNCs are spreading their production across countries in many ways. Large MNCs set up production units jointly with local companies in a country. ... In developing nations, large MNCs give orders for production to small producers and groups.
An MNC is a company that owns or controls production in more than one nation. They set up offices and factories for production in regions where they can get cheap labour, closeness to the markets and other factors of production. This is done so that the cost of production is low and the MNCs can earn gr
i) MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. (ii) This is done so that the cost of production is low and the MNCs can earn greater profits. ... (v) The most common route for MNC investments is to buy up local companies and then to expand productioneater profits.