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

1 Answer

Answer :

Yes, more Indian companies should emerge as MNCs.  It would benefit the people in the country in the following ways:  (i) New job opportunities would be created by the emergence of Indian companies as MNCs.  (ii) Local companies that provide raw materials and other services to these companies to get prospered.  (iii) It would also lead to rise in production standards, and improvement in the standard of living of the people.

Related questions

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.

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.

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.

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.

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.

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.

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.

Description : “The multinational companies (MNCs) choose China as an alternative location for investment?” Explain the statement. -SST 10th

Last Answer : (i) Since the revolution in 1949, China gradually came in the field of World economy. It attracted the foreign MNC’s because of its lowest economic structure. (ii) Wages were relatively low. (iii) China has the largest population besides labour. They also formed a large consumer base.

Description : How do the MNCs help in the growth of local companies ? -SST 10th

Last Answer : MNCs help in the growth of local companies as: (i) MNCs are spreading their production and interacting with local producers in various countries across the globe. (ii) By setting up partnerships ... local companies for supply. (iv) By closely competing with the local companies or buying them.

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.

Description : When did Sri Lanka emerge as an independent nation ? -SST 10th

Last Answer : In 1978 Sri Lanka emerge as an independent nation.

Description : How did nationalism and the idea of the nation-state emerge ? -SST 10th

Last Answer : Socially and politically, a landed aristocracy was the dominant class on the continent. The members of this class were united by a common way of life that cut across regional divisions. ... Central Europe the pattern of landholding was characterised by vast estates which were cultivated by serfs.

Description : How did a new reading public emerge with the printing revolution? -SST 10th

Last Answer : . Access to books created a new culture of reading. Earlier reading was restricted to the elites. . Before the age of print, books were not only expensive but they could not be produced in sufficient ... sections of people. If there was a hearing public' earlier, now a reading public' emerged.

Description : How did India emerge as a federal state? -SST 10th

Last Answer : . India had emerged as an independent nation after a painful and bloody partition. . Soon after independence, several princely states became a part of the country. . The Constitution declared India as a ... State governments. . Later, a third tier of Panchayati Raj' or local government was added.

Description : How did factories emerge on the landscape of England? -SST 10th

Last Answer : . In the early 19th century, factories increasingly became an intimate part of English landscape. . The new mills were so magical that the sight of those factories or developing new ... attention on the mills, almost forgetting the by-lanes and the workshops where production still continued.

Description : How did nationalism emerge in Vietnam through the efforts of different sections of society to fight against the French? Analyse -SST 10th

Last Answer : The Nationalism emerged in Vietnam: . The colonization of Vietnam by French brought the people of the country into conflict with the colonisers in all areas of life. . Vietnamese ... Vietnamese students organized in association for the restoration of the anti-French independence movement changed.

Description : How do nationalism emerge in Vietnam -SST 10th

Last Answer : 'This answer was deleted by our moderators...

Description : How did nationalism emerge in Vietnam through the efforts of different sections of society to fight against the French ? Analyse. -SST 10th

Last Answer : Vietnamese resistance to French domination emerged in different spheres of life. 1. Teachers and students did not blindly follow the curriculum laid down by the French. An increase in the no. of ... Huynh Phu So, it drew its religious ideas from the antiFrench uprisings of the nineteenth century.

Description : How did nationalism and the idea of the nation-state emerge ? -SST 10th

Last Answer : Socially and politically, a landed aristocracy was the dominant class on the continent. The members of this class were united by a common way of life that cut across regional divisions. ... Central Europe the pattern of landholding was characterised by vast estates which were cultivated by serfs.

Description : Why did nationalist tensions emerge in the Balkans ? -SST 10th

Last Answer : The nationalist tensions emerge in the Balkans because of these reasons: (i) Geographically and ethically diverse region: The Balkans consisted of regions of modern day Romania, Bulgaria, Albania , Greece, ... series of wars in the region and finally, the First World war broke out in 1914.

Description : How did nationalism and the idea of nation-state emerge? Describe. -SST 10th

Last Answer : (i) Nationalism and the idea of the nation state emerged within the culturally and regionally diverse groups of Europe. (ii) Due to industrialisation and transformation of society, there emerged a ... gained popularity. (vi) This led to nationalism and emergence of idea of the nation-state.

Description : How did Bombay emerge as an important colonial city? -SST 10th

Last Answer : Reasons: (i) Bombay was the principal port of the East India Company. (ii) It was an important centre for cotton textiles from Gujarat. (iii) It became an important administrative centre of western India. (iv) It emerged as a major industrial centre in the 19th century.

Description : When did the concept of non-alignment emerge? -SST 10th

Last Answer : The concept of non-alignment emerged during the Cold War. After the Second World War, the world was divided into two power blocs-one led by the USA and the other by the Soviet Union. The newly independent nations decided to remain non-aligned and not join either of the two power blocs.

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.

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.

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.

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

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

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.