What are multinational companies? How do they control production in other countries? Explain with examples.
OUTSIDE DELHI - SET 1 2009
Download our app for free and get started
MNC is a company that owns or controls production in more than one nation:-
- MNCs set up factories and offices for production on their own.
- MNC’s set up production jointly with some of the local companies of the host countries.
- MNC’s buy up local companies and then expand their production.
- Large MNCs in developed countries place orders for production with small producers.
- Parakh Foods and Cargill are the example.
Download our appand get started for free
Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*
Similar Questions
- 1View SolutionExplain with examples, how do industries give boost to the agriculture sector?
- 2View SolutionWhy do you feel that there are plans to shift sugar mills to South India?
- 3View Solution“The textile industry occupies unique position in the Indian economy”. Justify.
OR
Explain the contribution of textile industry in the Indian economy. - 4View Solution"Agriculture gives the boost to the industrial sector." Support the statement with arguments.
- 5View SolutionWhat is the contribution of industry to the national economy of India? Compare it with the East-Asian countries. What is the desired growth and present position of industry in GDP?
- 6View SolutionName any three physical factors for the location of the industry.
- 7View SolutionHow do industries polluted air? Explain ill effects of pollution.
- 8View SolutionHow many cotton mills do we have in India?
- 9View SolutionHow do industries pollute air? Explain ill-effects of pollution.
- 10View Solution‘‘Manufacturing sector is considered as the backbone of economic development of a country.’’ Support the statement with examples.