Question

Why do mnc set up their offices and factories in those region where they get cheap labour and other resources (1 marks)

Answer 1

MNCs set up offices and factories in regions where they get cheap labour and other resources in order reduce the cost of production and in turn earn maximum profit.

NOTE – Multinational corporations (MNCs) are companies who own or control production in more than one nation.

Answer 2

Answer:

Multinational Corporations (MNCs) set up their offices and factories only in certain areas with certain available factors like cheap labour and other resources to save the cost of production and to gain more consumers and achieve higher profit.