10th Class Social Science Globalisation Question Bank 10th CBSE Social Science Globalisation and the Indian Economy

  • question_answer
      What are the various ways in which MNCs set up a control production in other countries?

    Answer:

                      The various ways in which MNCs set up or control production in other countries are     (i) Buy up a local production company. (ii) Place orders for production with-small producers i.e., contract manufacturing.    (iii) By setting up a partnership (joint venture) with a local company. (iv) Setting up their wholly owned subsidiary  in the other country. (v) By licensing or franchising' their brand to a local company.       


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