GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
MNCs do not increase
A
Competition
B
Price war
C
Quality
D
None of the above
Explanation: 

Detailed explanation-1: -Multinational corporations are those companies who incorporate themselves in their own (work) country but operate their business in many other countries through a network of their branches, subsidiaries etc. For e.g.: Coca-Cola, Sony, L.G., Samsung.

Detailed explanation-2: -The main motive of MNC is to gain profit from foreign markets along with local market by producing manufacturing advertising and finally selling their products in different countries.

There is 1 question to complete.