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ira [324]
3 years ago
5

Briefly explain 3 ways in which multinational corporations are developed​

Business
1 answer:
NemiM [27]3 years ago
4 0
<h2><em><u>Hiii</u></em></h2><h2><em><u>HERE'S</u></em><em><u> </u></em><em><u>YOUR</u></em><em><u> </u></em><em><u>ANSWER</u></em></h2>

<h3 />

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.

(c) They place orders for small producers and sell these products under their own brand name to the customers worldwide.

<h2><em>HOPE</em><em> </em><em>IT</em><em> </em><em>HELPS</em><em> </em><em>YOU</em><em> </em><em>OUT</em><em> </em><em>PLEASE</em><em> </em><em>MARK</em><em> </em><em>IT</em><em> </em><em>AS</em><em> </em><em>BRAINLIEST</em><em> </em><em>AND</em><em> </em><em>FOLLOW</em><em> </em><em>ME</em><em> </em><em>PROMISE</em><em> </em><em>YOU</em><em> </em><em>TO</em><em> </em><em>FOLLOW</em><em> </em><em>BACK</em><em> </em><em>ON</em><em> </em><em>BRAINLY.IN</em><em> </em></h2>
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Conversion cost is defined as the sum of direct labor costs and manufacturing overhead costs. It is the manufacturing cost needed to convert raw materials to a product. From the information given above, the conversion cost is the summation of direct material costs, direct labor costs and factory overhead costs. 
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In the Spotlight on Small Business box titled, "Let's Go to the Movies," we learned about a recent marketing idea for movie thea
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"To differentiate your movie theatre from others" is the correct answer.

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How should a christiandetermine whether to obey a specific command from his government?
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If the government tries to force a Christian to violate a biblical command we must still obey the highest authority- which is God.

<h3>What is government?</h3>

A government is the system or collection of individuals in charge of an organized community, most commonly a state. In the broadest sense, government is made up of the legislative, the executive, and the judiciary.

The basic tasks of a government are to provide leadership, maintain order, provide public services, provide national security, provide economic security, and provide economic assistance.

The system of governing a state or society is known as government. A select portion of society is granted the system of social control, the right to enact laws under it, and the right to enforce them.

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What economic concept is applied in this statement?
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By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.

<h3>What are skills? </h3>

Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.

When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.

Therefore, option E positive externality is the correct option for the given statement.

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