MCQ
MNCs have been looking for locations around the world that would be cheap for their production. Evaluate the cost-effective methods adopted by the MNCs by identifying the appropriate statements among the following options:
i. Opting for a cheap manufacturing location.
ii. Setting up a production unit in the proximity of markets.
iii. Hiring highly skilled engineers at cheap rates from developing countries.
iv. Buy up local companies and expand production.
i. Opting for a cheap manufacturing location.
ii. Setting up a production unit in the proximity of markets.
iii. Hiring highly skilled engineers at cheap rates from developing countries.
iv. Buy up local companies and expand production.
- AAll the statements are appropriate.
- BOnly statement iv is appropriate.
- CStatements i, ii and iii are appropriate.
- DStatements i and ii are appropriate.