+2 votes
in Class 10 by kratos

How are 'local companies' benefited by collaborating with 'multinational companies' ? Evaluate any three benefits.

1 Answer

+4 votes
by kratos
 
Best answer

Benefits of local company by collaborating with MNC :

(i) MNCs provide money for additional investments like buying new machines for faster production.

(ii) MNCs bring with them the latest technology for production.

(iii) They have invested in newer technology and production methods and raised their production.

(iv) Some have gained from successful collaborations with foreign companies.

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