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प्रश्न
How are Multinational Corporations spreading their products? Explain with examples.
How are multinational corporations (MNCs) controlling and spreading their productions across the world? Explain.
उत्तर १
A multinational company like LG conducts its industrial research in a western country like USA. After this, the production process of industrial components takes place where the labour is cheap like in a country like China. These are then shipped to Mexico and Eastern Europe where the products are assembled and the finished products are sold all over the world. Meanwhile, such a company’s customer care is handled by call centers situated in countries like India.
उत्तर २
The MNCs control and spread their productions across the world by buying out domestic companies or making the latter work for them. Sometimes, MNCs buy mass-produced goods of domestic industries and then sell it under their own brand name, at much higher rates, in foreign countries. MNCs look towards developing nations to set up trade because in these countries, the labour and manufacturing costs are much lower.
संबंधित प्रश्न
What are the various ways in which MNCs set up, or control, production in other countries?
Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?
Which logo of quality is marked on the electrical instruments?
How do Multi-National Corporations (MNCs) interlink production across countries? Explain with examples.
Why do MNCs set up offices and factories in more than one nation?
Until the middle of the twentieth century, production was largely organised:
MNCs set up offices and factories for production in regions where they can get:
The MNCs not only sell their finished products globally but the goods ____________.
China provides the advantage of being a ____________.
Mexico and Eastern Europe have the advantage of:
What attracts an MNC?
