1.

What are the various ways in which MNCs set-up or control production in other countries?

Answer»

The various ways in which MNCs set up or control production in other countries are

(a) Buy up a local production company.

(b) Place orders for production with small producers, i.e., contract manufacturing.

(c) By setting up a partnership (joint venture) with a local company.

(d) Setting up their wholly owned subsidiary in the other country.

(e) By licensing or franchising their brand to a local company.



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