Why are MNCs setting their customer care centers in India ? -SST 10th

Why are MNCs setting their customer care centers in India ? -SST 10th
by

1 Answer

Answer :

MNCs are setting up their customer care centers in India due to availability of cheap skilled labour and good English speaking people.
by

Related questions

Explain the three conditions that determine MNCs setting up production in other countries. -SST 10th

Description : Explain the three conditions that determine MNCs setting up production in other countries. -SST 10th

Last Answer : 1. MNC's set up production in countries where there is ample of availability of skilled and unskilled labour at a low cost. In order to get a hold of the market as well as for ... s (Business Process Outsourcing) has led to a significant rise in demand for people having good communication skills.

How Cloud Federation provides benefits to Cloud providers? a) allows providers to earn revenue from computing resources that would otherwise be idle or underutilized b) enables cloud providers to expand their geographic footprints and accommodate sudden spikes in demand without having to build new points-of-presence (POPs) c) establish extensions of their customer-facing service-level agreements (SLAs) into their partner provider's data centers. d) All the above

Description : How Cloud Federation provides benefits to Cloud providers? a) allows providers to earn revenue from computing resources that would otherwise be idle or underutilized b) enables cloud providers to expand their ... -level agreements (SLAs) into their partner provider's data centers. d) All the above

Last Answer : All the above

What is the average turnover rate for employees at customer service call centers?

Description : What is the average turnover rate for employees at customer service call centers?

Last Answer : The average turnover at a customer call center is 100%. This means that the average staffer stays there one year or less. In debt collection call centers, turnover is about 400%, meaning most staff stay for 3 months.

Do most senior day care centers accept seniors with alzheimers?

Description : Do most senior day care centers accept seniors with alzheimers?

Last Answer : No, most won't. There are actually three divisions of senior day care: social, health-focused, and dementia-related. You'll need to put an adult with dementia in a day care center specifically ... slightly confused. If the symptoms are severe only specialized day care won't be equipped to handle it.

What urgent care centers are open on Sundays?

Description : What urgent care centers are open on Sundays?

Last Answer : Nextcare, Quick Visit, Advanced Urgent care are a few I found were open on Sundays.

Describe any five factors that promote the Multinational Corporations (MNCs) to setup their production units in a particular place. -SST 10th

Description : Describe any five factors that promote the Multinational Corporations (MNCs) to setup their production units in a particular place. -SST 10th

Last Answer : Factors that promotes MNCs are:- 1.Close proximity to the market. 2.Availability of skilled and unskilled labour at low cost. 3.Assured production 4.Governments liberalized policies. 5.Developed infrastructure. 6.Safety measures.

Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways. -SST 10th

Description : Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways. -SST 10th

Last Answer : Multinational Corporations are spreading their productions in different ways: 1.By setting up partnership with local companies. 2.By placing orders with local companies. For example, Garments, Footwear, ... companies. 4.By buying local companies- For example, Cargill buying Parakh foods in India.

How are MNCs spreading their production across the globe? -SST 10th

Description : How are MNCs spreading their production across the globe? -SST 10th

Last Answer : There are variety of ways in which the MNCs are spreading their production across the globe such as: . settingup partnerships with the local companies; . using the local companies for supplies; ... or buying them. As a result, production in these widely dispersed locations is getting interlinked.

Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources ? -SST 10th

Description : Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources ? -SST 10th

Last Answer : MNCs set up offices and factories in regions where they get cheap labour and other resources in order reduce the cost of production and in turn earn maximum profit

Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways. -SST 10th

Description : Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways. -SST 10th

Last Answer : MNCs usually set up production units across the globe in places where the market is nearby, there is the availability of skilled and unskilled labour at low costs and other factors ... of such corporations has contributed to the interlinking of such widely dispersed locations across the globe.

How are multinational corporations (MNCs) controlling and spreading their production across the world ? Explain. -SST 10th

Description : How are multinational corporations (MNCs) controlling and spreading their production across the world ? Explain. -SST 10th

Last Answer : MNCs are spreading production across the world: 1. MNCs set up production jointly with the local companies of that area. This benefits the local companies as the MNC may bring with it better technology ... the product like garments are supplied to the MNC, they sell it under their own brand name.

How are MNCs spreading their products ? Explain with examples. -SST 10th

Description : How are MNCs spreading their products ? Explain with examples. -SST 10th

Last Answer : MNCs are spreading their products: 1. MNCs organize their production globally across various countries to maximize their efficiency. 2. They organize production very strategically for example ... . 3. Their international presence helps them in increasing customers and spreading their products.

Describe any three ways in which Multinational Corporations (MNCs) have spread their production and interaction with local producers in other countries. -SST 10th

Description : Describe any three ways in which Multinational Corporations (MNCs) have spread their production and interaction with local producers in other countries. -SST 10th

Last Answer : Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors ... for small producers and sell their products under their own brand name to the customers worldwide.

How are MNCs spreading their production across countries? Explain with an example. -SST 10th

Description : How are MNCs spreading their production across countries? Explain with an example. -SST 10th

Last Answer : MNC s are spreading to other countries in order to increase their profit and decrease their production costs. MNC s can come to different countries and set up base in 4 ways. they are they can ... buy the goods. later they can sell those goods under their own brand name and make huge profits.

How are multinational corporations (MNCs) controlling and spreading their productions across the world? Explain. -SST 10th

Description : How are multinational corporations (MNCs) controlling and spreading their productions across the world? Explain. -SST 10th

Last Answer : Multinational Corporations (MNCs) usually set up production where it is close to the markets, where there is skilled and unskilled labour available at low costs and where the availability ... are spreading their production and interacting with local producers in various countries across the globe.

Why do MNCs Set-up their offices and factories in those regions where they get cheap labour and other resources ? -SST 10th

Description : Why do MNCs Set-up their offices and factories in those regions where they get cheap labour and other resources ? -SST 10th

Last Answer : Because of : (i) Low cost of production. (ii) They can earn greater profits.

Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways. -SST 10th

Description : Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways. -SST 10th

Last Answer : Multinational Corporations are spreading their productions in different ways: (i) By setting up partnership with local companies. (ii) By placing orders with local companies. For example, garments, ... had built a large marketing network in various part of India, where its brand was wellreputed.

Where do MNCs Set-up their production units ? -SST 10th

Description : Where do MNCs Set-up their production units ? -SST 10th

Last Answer : (i) MNCs Set-up production units at such a place where they can produce their goods at a minimum cost. (ii) The place where markets are closer. (iii) The place where skilled and unskilled ... at low cost. (iv) Other factors of production are assured. (v) Government policies are favourable.

How are Multinational Corporations (MNCs) controlling and spreading their productions across the world ? -SST 10th

Description : How are Multinational Corporations (MNCs) controlling and spreading their productions across the world ? -SST 10th

Last Answer : The Multinational Corporations (MNCs) are controlling and spreading their production across the world in the following ways: (i) MNCs Set-up their production units close to market. (ii) MNCs ... , quality, delivery and labour conditions for distant producers. (vi) By purchasing local companies.

Why are MNCs attracted to India? -SST 10th

Description : Why are MNCs attracted to India? -SST 10th

Last Answer : India has high skilled engineers who can understand the technical aspects of production. It also has educated English speaking youth who can provide customer care services.

How have MNCs changed the world economy? -SST 10th

Description : How have MNCs changed the world economy? -SST 10th

Last Answer : (i) Before the advent of MNCs, production was predominantly organised within individual countries. They used to trade in raw materials, food stuff and varieties of finished goods. (ii) But ... have enabled goods and services to be produced globally which has greatly impacted the world economy.

Why China and other Asian countries became attractive destination for investment by foreign MNC’s ? -SST 10th

Description : Why China and other Asian countries became attractive destination for investment by foreign MNC’s ? -SST 10th

Last Answer : (i) They were not equipped to cope with the challenge of poverty and lack of development in the former colonies. (ii) They were controlled by USA as it had veto power.

What is globalisation? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Description : What is globalisation? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Last Answer : Globalisation is the process of rapid integration or interconnection between’ countries. Role of MNCs: . By more flow of manpower . Investment . Technology . Goods . Services .Latest education

In what ways has competition affected workers, Indian exporters and foreign MNCs in the garment industry? -SST 10th

Description : In what ways has competition affected workers, Indian exporters and foreign MNCs in the garment industry? -SST 10th

Last Answer : . Large MNCs in the garment industry in Europe and America get their products from Indian exporters. . These large MNCs with worldwide network look for the cheapest goods in order to maximise ... to make large profits, workers are denied their fair share of benefits brought about by globalisation.

What is globalisation? What is the role of MNCs in the globalisation process? -SST 10th

Description : What is globalisation? What is the role of MNCs in the globalisation process? -SST 10th

Last Answer : Globalisation is the process of rapid integration or interconnection between countries. . MNCs are playing a major role in the globalisation process. . More and more goods and services, investments and ... Most regions of the world are in closer contact with each other than a few decades back

How do MNCs manage the production in other countries? -SST 10th

Description : How do MNCs manage the production in other countries? -SST 10th

Last Answer : . MNCs not only sell their finished products globally, but more importantly, the goods and services are produced globally. . As a result, production is organised in incr-easingly complex ways. . The ... care services. And all this probably can mean 50-60 per cent cost savings for the MNCs.

Which Indian companies have become MNCs with the competition in globalisation? -SST 10th

Description : Which Indian companies have become MNCs with the competition in globalisation? -SST 10th

Last Answer : . Several of the top Indian companies have been able to benefit from the increased competition. . They have invested in newer technology and production methods and raised their production ... Fastners (nuts and bolts) are some Indian companies which are spreading their operations worldwide.

What is role of MNCs in the globalisation process? -SST 10th

Description : What is role of MNCs in the globalisation process? -SST 10th

Last Answer : . MNCs are playing a major role in the globalisation process. . More and more goods and services, investments and technology are moving between countries. . Most regions of the world are in closer contact with each other than a few decades back.

What are the benefits of MNCs’ production to the local companies? -SST 10th

Description : What are the benefits of MNCs’ production to the local companies? -SST 10th

Last Answer : . MNCs can provide money for additional investments, like buying new machines for faster production. . MNCs might bring with them the latest technology for production. . MNCs also buy some ... production, since they have wealth exceeding the entire budgets of some of the developing countries.

What are MNC’s? -SST 10th

Description : What are MNC’s? -SST 10th

Last Answer : . An MNC is a company that owns or controls production in more than one nation. . These companies set up offices and factories for production in regions where they can get cheap labour and other ... This is done to ensure that the cost of production remains low and MNCs can earn greater profits.

What changes do you find with the arrival of MNCs in the markets? -SST 10th

Description : What changes do you find with the arrival of MNCs in the markets? -SST 10th

Last Answer : . As consumers in today's world, some of us have wider choice of goods and services before us. . The latest models of digital cameras, mobile phones and televisions made by the leading manufacturers of ... within our reach. . Every season, new models of automobiles can be seen on the Indian roads.

Under what conditions do MNCs set up production units? -SST 10th

Description : Under what conditions do MNCs set up production units? -SST 10th

Last Answer : MNCs set up production units on the basis of: 1.proximity to the markets 2.availability of skilled and unskilled labour at low cost 3.availability of other factors of production is assured and 4.government policies that look after their interests.

How do Multi-National Corporations (MNCs) interlink production across countries? Explain with examples. -SST 10th

Description : How do Multi-National Corporations (MNCs) interlink production across countries? Explain with examples. -SST 10th

Last Answer : 1. MNCs usually set up production units across the globe in places where the market is nearby, there is the availability of skilled and unskilled labour at low costs and other factors ... made the process of production and selling of goods and services, a complex and interdependent process.

What is globalisation ? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Description : What is globalisation ? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Last Answer : 1. Globalization is a process of rapid interdependence and interconnectedness amongst the countries of the world. The Multinational Corporations (MNCs) have played a major role in stimulating and spreading ... the globe. This process, in turn, has contributed to the growth of globalization process.

How are MNCs able to cope with large demands from all over the world and control prices ? -SST 10th

Description : How are MNCs able to cope with large demands from all over the world and control prices ? -SST 10th

Last Answer : MNCs are able to cope with demands and control prices: 1. MNCs organize their production globally across various countries to maximize quality and profit. 2. They organize production very ... demand is more. 3. Their international influence and huge wealth help them in controlling price.

What is an MNC ? Give two examples of Indian companies that have emerged as MNCs. What are the harmful effects of MNCs to a host country ? -SST 10th

Description : What is an MNC ? Give two examples of Indian companies that have emerged as MNCs. What are the harmful effects of MNCs to a host country ? -SST 10th

Last Answer : Multinational companies are companies that own or control their production in more than one country. Two Indian MNCs: Ranbaxy and Infosys Harmful effects of MNCs: 1. The competition from MNCs has ... sector do not enjoy the benefits or protection that is usually present in the organized sector.

Which is the most common route for investment by MNCs in countries around the world ? -SST 10th

Description : Which is the most common route for investment by MNCs in countries around the world ? -SST 10th

Last Answer : Setting up factories and offices for production is the most common route for investment by MNCs in countries around the world.

What are the various ways in which MNCs set up or control production in other countries ? -SST 10th

Description : What are the various ways in which MNCs set up or control production in other countries ? -SST 10th

Last Answer : Multinational corporations (MNCs) usually set up their production units, where they found lucrative business conditions like-business friendly government policies, economical skilled labour, proximity to ... to determine price, quality, delivery and labour conditions for these distant producers.

Write a note to explain the effects of the following: The decision of MNCs to relocate production to Asian countries. -SST 10th

Description : Write a note to explain the effects of the following: The decision of MNCs to relocate production to Asian countries. -SST 10th

Last Answer : Wages were relatively low in Asian countries. Thus, they became attractive destinations for investment by foreign MNCS competing to capture world markets. The relocation of industry to low-wage ... countries. Rapid economic transformation resulting in the growth of economies like India, China.

Should more Indian companies emerge as MNCs ? -SST 10th

Description : Should more Indian companies emerge as MNCs ? -SST 10th

Last Answer : There is much scope for Indian companies to emerge as MNCs. These are the companies mainly related to Information Technology (IT sector), accounting and administrative sector.It will benefit the ... have enormous wealth with them. They have a strong influence on production in different countries.

Explain any three ways in which MNCs set up or control production in other countries. -SST 10th

Description : Explain any three ways in which MNCs set up or control production in other countries. -SST 10th

Last Answer : Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors ... for small producers and sell these products under their own brand name to the customers worldwide.

Should more Indian companies emerge as MNCs ? -SST 10th

Description : Should more Indian companies emerge as MNCs ? -SST 10th

Last Answer : Yes, more Indian companies should emerge as MNCs. It would benefit the people in the country in the follwoing ways : (a) New job opportunities have been created by the emergence of Indian ... companies have prospered. (c) Rise in production standards, improved the standard of living of the people.

Who were the MNCs? -SST 10th

Description : Who were the MNCs? -SST 10th

Last Answer : The MNCs were the multinational companies in Bolivia. Bolivia was pressurised by the World Bank to give up its control of municipal water. They sold these rights to a multinational company (MNC). The ... by four times and people had to pay huge amounts. This led to a spontaneous popular protest.

Where do MNCs set up offices and factories for production? -SST 10th

Description : Where do MNCs set up offices and factories for production? -SST 10th

Last Answer : MNCs set up offices and factories for production in regions where they can get cheap labour and other resources.

Why do MNCs set up offices and factories in regions where they can get cheap labour and other resources? -SST 10th

Description : Why do MNCs set up offices and factories in regions where they can get cheap labour and other resources? -SST 10th

Last Answer : MNCs do this so that the cost of production is low and they can earn greater profits.

In what way does China provide advantage to the MNCs? -SST 10th

Description : In what way does China provide advantage to the MNCs? -SST 10th

Last Answer : China provides the advantage of being a cheap manufacturing location.

How are Mexico and Eastern Europe useful for the MNCs? -SST 10th

Description : How are Mexico and Eastern Europe useful for the MNCs? -SST 10th

Last Answer : In these two countries are close to the markets in the US and Europe.

How are local companies benefitted by joining hands with MNCs for production? -SST 10th

Description : How are local companies benefitted by joining hands with MNCs for production? -SST 10th

Last Answer : At times, MNCs set up production jointly with some local companies. The benefit to the local companies of such joint production is two-fold. (i) MNCs can provide money for additional ... machines for faster production. (ii) MNCs might bring with them the latest technology for production.

How do Multinational companies (MNCs) control production? Explain any three points. -SST 10th

Description : How do Multinational companies (MNCs) control production? Explain any three points. -SST 10th

Last Answer : The various ways in which MNCs set-up or control production in other countries are (i) By setting up partnerships with local companies. (ii) By using the local companies for supplies. (iii) By closely competing with the local companies or buying them up.

‘China becomes an attraction destination for investment by foreign MNCs in the 19th and 20th centuries.’ Justify the statement. -SST 10th

Description : ‘China becomes an attraction destination for investment by foreign MNCs in the 19th and 20th centuries.’ Justify the statement. -SST 10th

Last Answer : China becomes an attraction destination for investment by foreign MNCs in the 19th and 20th centuries because: (i) Wages were relatively low in countries like China. (ii) This is because of the low cost ... (iii) TVs, mobile phones and toys we see in the shops seem to be made in China.