Who MNC expand their business
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MNC'S are company which own or control business in more than on country. They set up factories and offices in regions where cheap labour is available and other resources are available.
They do so as to earn greater profits as the cost of production is low.
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There are variety of ways in which the MNCs are spreading their production across the globe such as:
(i) setting up partnerships with the local companies;
(ii) using the local companies for supplies; and
(iii) closely competing with the local companies or buying them.
As a result, production in these widely dispersed locations is getting interlinked.
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