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Question
Which one of the following is a major benefit to a local company which goes for joint production with an MNC?
Options
MNC provides Money and Technology to local company.
MNC takes all decisions to reduce burden of local company.
MNC purchases all shares of local company for faster production.
MNC might ask for labour and capital investment from local company.
Solution
MNC provides Money and Technology to local company.
Explanation:
The partnership between the local company with an MNC can be fruitful as MNC can provide financial resources and technology to the local company.
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