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प्रश्न
Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
उत्तर
Multinational companies usually set up their factories and offices for production in countries where land, labour and raw materials are available at much cheaper rates. This results in greater profits for the company.
संबंधित प्रश्न
"Globalisation has been advantageous to consumers as well as to producers." Support the statement with suitable examples.
Describe the impact of globalization on Indian economy with examples.
What are the two main ways of generating electricity? How are they different from each other? Explain.
What is globalisation?
Describe the role of Multinational Corporations (MNCs) in promoting globalisation process.
What do you understand by globalisation? Explain in your own words.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and _____________ has meant greater _______________ among the producers.
Match the following.
|
(i) |
MNCs buy at cheap rates from small producers |
(a) |
Automobiles |
|
(ii) |
Quotas and taxes on imports are used to regulate trade |
(b) |
Garments, footwear, sports items |
|
(iii) |
Indian companies who have invested abroad |
(c) |
Call centres |
|
(iv) |
IT has helped in spreading of production of services |
(d) |
Tata Motors, Infosys, Ranbaxy |
|
(v) |
Several MNCs have invested in setting up factories in India for production |
(e) |
Trade barriers |
Globalisation has led to improvement in living conditions.
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.
