How do Multi-National Corporations (MNCs) interlink production across countries
Globalization and Indian Economy (10)How do Multi-National Corporations (MNCs) interlink production across countries ? Explain with examples.
Answer
Multi National Corporations (MNCs) interlink production across countries:
- There are varieties of ways in which the MNCs are spreading their production and interacting with local producers in various countries across the globe.
- By setting up partnership with local companies by using the local companies for supplies, by closely competing with the local companies or buying them.
- MNCs are exerting a strong influence on production at the distant locations.
- As a result, production in these widely dispersed locations is getting interlinked.
Example - Cargill Foods , Parakh Food
- Exam Year: 2017
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