Practicing Success
Practicing Success
CUET Preparation Today
What do you understand by the term MNCs i.e. multinational corporation? |
Company that controls production in its own country Company that controls production in two countries only Company that owns production is more than one country None of the above |
Company that owns production is more than one country |
A MNC is a company that owns or controls production in more than one nation. MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. This is done so that the cost of production is low and the MNCs can earn greater profits. |
