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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