Podcast
Questions and Answers
What is a Multinational Corporation (MNC)?
What is a Multinational Corporation (MNC)?
A company that owns or controls production in more than one nation.
Why do MNCs set up offices and factories in different regions?
Why do MNCs set up offices and factories in different regions?
To get cheap labor and other resources, aiming for low cost production and greater profits.
What is the main channel connecting distant countries before the emergence of MNCs?
What is the main channel connecting distant countries before the emergence of MNCs?
Trade.
What are some examples of how production is spread by MNCs?
What are some examples of how production is spread by MNCs?
How has consumer choice changed in relation to cars in India?
How has consumer choice changed in relation to cars in India?
What is the main reason why MNCs set up offices and factories in regions with cheap labor and resources?
What is the main reason why MNCs set up offices and factories in regions with cheap labor and resources?
Before the emergence of MNCs, what was the main channel connecting distant countries?
Before the emergence of MNCs, what was the main channel connecting distant countries?
Which of the following is NOT an example of how production is spread by MNCs?
Which of the following is NOT an example of how production is spread by MNCs?
What is the definition of a Multinational Corporation (MNC)?
What is the definition of a Multinational Corporation (MNC)?
How has consumer choice changed in relation to cars in India?
How has consumer choice changed in relation to cars in India?