GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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MNCs normally take decisions regarding the location of production units on the basis of following factors:
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Production units should be close to the markets
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Availability of skilled and unskilled labour at low cost
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Assured availability of raw materials
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Government policies that can look after their decisions
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Explanation:
Detailed explanation-1: -The correct answer is option (c) Presence of a large number of local competitors.
Detailed explanation-2: -MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. Example, Countries like China, Bangladesh and India. They also provide with the advantage of cheap manufacturing locations.
There is 1 question to complete.