1.

Explain any three conditions that determine MNCs setting up production in other countries.

Answer»

The factors that MNCs take into consideration to set up their production units in a particular place are: 

  • where it is close to the markets.
  • where the skilled and unskilled labour at low costs is available. 
  • where the favourable government policies looking after their interest are , present. 
  • where the other factors of production such as raw materials, water, electricity and transport are available. 
  • where there are standard safety measures for assured production.


Discussion

No Comment Found

Related InterviewSolutions