SSC
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following is NOT a feature of a Multi-National Company?
|
|
It owns/controls production in more than one nation.
|
|
|
It sets up factories where it is close to the markets
|
|
|
It organises production in complex ways.
|
|
|
It employs labour only from its own country.
|
Explanation:
Detailed explanation-1: -In general, MNCs set up production where it is close to the markets; where there is skilled and unskilled labour available at low cost. In addition, MNCs might look for government policies that look after their interests. MNCs set up factories and offices for production. These are the features of an MNC.
Detailed explanation-2: -A worldwide business presence. Typically, large and powerful organizations. Business conducted in various languages. A complicated business model and structure. Direct investments in foreign countries. More items
There is 1 question to complete.