Question

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

Answer 1

The following are the benefits for local companies by entering into ***** production with the MNCs.

1. MNCs help finance additional investment such as new machines, etc.

2. MNCs help in the upgradation of technology for the local companies.

3. MNCs Create new opportunities for local companies provide services like IT sector.