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

1 Answer

Answer :

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

Related questions

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 : 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.

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.

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Last Answer : e) All of the Above

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 : 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 : What country's resources like roads and factories that it needs to support economic activity?

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Description : 4. What are the various ways in which MNCs set up, or control, production in other countries? -Economics 10th

Last Answer : MNCs set up and control production by investing a huge amount of money in a country's economy. It sets up production units close to the market so that they get cheaper labour. To ... . They help production using technology and heavy machinery, which makes the work more efficient and productive.

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

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Description : “In India, some regions are rich in certain types of resources but deficient in some other resources”. -SST 10th

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Last Answer : is a measure of the proportional of the existing capital stock used for current production.

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Last Answer : The cultivation of rice needs plenty of cheap labour, as most of the work in the rice fields is done by hand.

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Last Answer : The cultivation of sugarcane requires plenty of cheap labour as most of the work is done by hand.

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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 : 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 : 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.

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Description : What is the value of all tangible resources such as raw materials and Labour that are used in the production process called?

Last Answer : Real Cost

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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 : 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

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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 : 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 : 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 : 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 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 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 : 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 : 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 : 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 : 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 : 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.