Question

Maxix Ltd., a manufacturing company, is currently registered in India. The company is making huge profits and is looking to expand its production outside India.

How can the company achieve the goal of expansion?

• A. By investing in foreign countries
• B. By importing goods from foreign countries
• C. By exporting goods to different countries
• D. By taking loans from the World Bank

Answer 1

The correct option is A By investing in foreign countries

MNCs control production in other countries. For this, they need to invest in different countries. Companies can invest in foreign countries by buying shares or building assets. Doing this, they can expand their reach and compete in the global market.