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Question
Which one of the following is a major benefit of a joint production between a local company and a multinational company?
Options
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.
MCQ
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Solution
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.
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Interlinking Production Across Countries
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