Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways.
Multinational Corporations are spreading their productions in different ways:
- By setting up partnership with local companies.
- By placing orders with local companies. For example, Garments, Footwear, Sports items, etc.
- By closely competing with the local companies.
- By buying local companies- For example, Cargill buying Parakh foods in India.