BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The entry of the multinational companies in large numbers in the Indian market has created ____
|
|
Huge Demand
|
|
|
Huge Supply
|
|
|
Tough Competition
|
|
|
Huge Demand and Supply
|
Explanation:
Detailed explanation-1: -Solution. The entry of multinational companies in large numbers in the Indian market has created tough competition.
Detailed explanation-2: -MNC’s not only import higher technology but skills and technical knowledge also. It leads Indian workers come to know about superior technology and the way to use it. Mnc’s spend a lot in the development of new technologies so that it can benefit the developing countries. 1 UNCTAD.
Detailed explanation-3: -India is an attractive destination for foreign investors due to its large consumer-oriented market, low labor costs, and rising global competitiveness. Despite the recent dip in the growth rate, India features among the top 10 countries for global FDI.
There is 1 question to complete.