Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways

cbse
economics
globalisation-indian
cbse-class-10
cbse-class-10-social

#1

Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways.

Answer:
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.