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 : 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 : 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 : ‘Rapid improvement in technology has been one major factor that has stimulated the globalisation process. Explain. [CBSE 2008(F)] Or Explain the role of technology in stimulating globalisation process. -SST 10th
Last Answer : Rapid improvement in technology has been one major factor that has stimulated the globalisation process. For instance, the past fifty years have seen several improvements in transportation technology. This has ... electronic mail (e-mail) and talk (voice-mail) across the world at negligible costs.
Description : Describe with an example the role of multinational corporations in the process of globalisation. -SST 10th
Last Answer : MNCs have played a major role in the process of globalisation. (i) MNCs are in search for locations around the world that are favourable for their production activities. (ii) Foreign ... automobiles to be produced in India. All these processes will result in the interlinking of production.
Description : Discuss the role of technology in the process of globalisation -SST 10th
Last Answer : 'This answer was deleted by our moderators...
Description : Explain the role of Multinational Corporations in the globalisation process. -SST 10th
Last Answer : MNCs play an important role in the globalisation process. (i) MNCs control production in more than one country. (ii) They compete with the local producers directly even ... the other consumer. The recent advancement in technology, transport and communication systems has enhanced globalisation.
Description : What role can the government play in order to ensure a fair globalisation? -SST 10th
Last Answer : The government can play a major role in ensuring a fair globalisation in India: (i) Its policies must protect the interests, not only of the rich and the powerful,but all the ... other developing countries with similar interests to fight against the domination of developed countries in the WTO.
Description : State the role of MNCs in depletion of fresh water? -Geography
Last Answer : Use of water and power The immense increase in industrial areas which include MNCs require more fresh water for use and consume more power. The power supplied to the industries is from hydroelectric plants. 22% of the total electricity is taken from the hydroelectric plants.
Description : How did rapid improvement in technology stimulate the globalisation process? -SST 10th
Last Answer : . For the past fifty years, several improvements in transportation technology have been made. It has helped in the faster delivery of goods across long distances at lower costs. . Even more ... Internet also allows us to send instant electronic mail and talk across the world at negligible costs.
Description : Which factors have stimulated the globalisation process? -SST 10th
Last Answer : The following factors have stimulated the globalisation process. 1.Improvement in transportation: In the last fifty years, there have been a lot of improvements in transportation technology. This has made faster ... Even the payment of money from one bank to another can be made through e-banking.
Description : Analyse the importance of multinational companies in the 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 ... linkage of countries and the important role played by the MNCs in such a scenario.
Description : How has liberalisation of trade and investment policies helped the globalisation process? Explain. -SST 10th
Last Answer : Economic liberalisation means reducing government interference in economic activities and removing trade and business barriers. Liberalisation of trade and investment policies helped the globalisation process ... could easily set up factories and industries in a country after liberalisation.
Description : How have transportation technology and information and communication technology stimulated the globalisation process? -SST 10th
Last Answer : Transportation technology : Rapid improvement in transportation technology has been one major factors that has stimulated the globalisation process. There are fast trains connecting every nook and corner of a ... a news magazine published for London readers is to be designed and printed in Delhi.
Description : What has been the major factor that has stimulated the globalisation process? -SST 10th
Last Answer : Rapid improvement in technology has been the major factor that has stimulated the globalisation process.
Description : Explain the meaning of the term ‘globalisation’. State any two factors that have helped in the process of globalisation. -SST 10th
Last Answer : Globalisation refers to the integration between countries through foreign trade and foreign investments by multinational companies. It means integrating our economy with world economy. Under ... foreign competition were removed after 1991. Businessmen were allowed to import or export freely.
Description : How has information and communication technology stimulated globalisation process ? -SST 10th
Last Answer : Rapid improvement in technology has stimulated the globalisation process: (i) Transportation technology has made much faster delivery of goods across long distances possible at lower costs. (ii) There are ... from a bank in London to a bank in Delhi is done instantly through the Internet.
Description : 7. How has liberalisation of trade and investment policies helped the globalisation process? -Economics 10th
Last Answer : The liberalisation of trade and investment policies helped the globalisation process because it has helped in the removal of trade barriers. It has made foreign trade and investment easier. The ... as the decision making power of export and import now lies with the businessmen themselves.
Description : Globalisation is the term used to describe process of removal of restriction on A. Foreign Trade B. Investment C. Both (A) and (B) D. None of the above
Last Answer : C. Both (A) and (B)
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 : 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 : 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 : 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 : 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
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 : 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 : 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 : 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 : 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.
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 : 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.
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.
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.