Write two disadvantages of foreign companies setting up in India.
Answers
Answered by
1
Explanation:
Foreign companies get cheap labour. ...
Additional expenses such as for housing facilities for workers are also cheaper.
Lower working conditions, including lower safety measures are used as ways of cutting costs.
Answered by
1
Two disadvantages of setting up foreign companies in India or increased competition for local companies and burden on the local environment of the area.
Explanation:
- Foreign companies are the companies that set up their operations in different countries.
- The consequences of setting up foreign companies in India have a few negative impacts.
- Foreign companies and their products increase the competition for local producers and local products which can put the status of local products in endangerment.
- Moreover, when a company sets up its operations a lot of burden in form of increased pollution and over utilisation of resources also affect the environmental condition.
Similar questions