MNCs and How They Control Production
Q 1. How do MNCs control their production?
Answer-
MNCs control their production in the following ways:
- Buy up a local production company.
- Places orders for production from the small producers.
- By setting partnerships with local companies.
Q 2. How do MNCs control production in more than one nation?
Answer-
The MNCs control production in more than one nation by setting up offices and factories for production in the regions where labor and resources are cheaper.
Q 3. What methods are used by multinational companies for gaining control over the market?
Answer-
Insourcing and purchasing of foreign competition are important two strategies.
MNCs and Control of Production
MNCs, or transnational pots, are companies that operate in multiple countries, with services, manufactories, and other installations located in the different corridors of the world. These pots have a global presence and are frequently veritably large in size, with thousands of workers and billions of bones in profit.
MNCs and Role in Production