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3 years ago

Briefly explain 3 ways in which multinational corporations are developed

1 answer:

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Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors of production. After ensuring these conditions MNCs set up production units in the following ways :

(a) Jointly with some local companies of the existing country.

(b) Buy the local companies and then expand its production with the help of modern technology.

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FIFO Method.

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Equivalent Units using FIFO

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2 years ago

Briefly explain 3 ways in which multinational corporations are developed​

Briefly explain 3 ways in which multinational corporations are developed