Question

Which one of the following is a major benefit of a joint production between a local company and a multinational company?

विकल्प

• MNC can bring the latest technology in the production.

• MNC can control the increase in price.

• MNC can buy the local company.

• MNC can sell the products under their brand name.

Answer 1

MNC can bring the latest technology in the production.

Explanation:

This collaboration helps the local company by providing additional investment and advanced technology to enable faster, higher-quality production, thereby enhancing overall productivity and competitiveness. This enables local firms to improve their manufacturing capabilities and products.