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

  • question_answer
      How is the MNC able to cope with large demands all over the world and control prices?

    Answer:

                      Large MNCs in developed countries place orders for production with many small producers in countries where the production cost is low. The large demand from all over the world is consolidated and orders for production accordingly given. Then the MNC sells the products under their brand name. As they control the market with the huge demand, they are able to control prices.


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