What are the benefits of MNCs’ production to the local companies?
Which two benefits local companies get when they set up production in association with MNCs?
- MNCs can provide money for additional investments, like buying new machines for faster production.
- MNCs might bring with them the latest technology for production.
- MNCs also buy some local companies to expand production, since they have wealth exceeding the entire budgets of some of the developing countries.