MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Tough Times Teach Tough Lessons

Where do MNCs...

Question

Where do MNCs choose to set up production?

A

Cheap goods

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Cheap labour resources

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Economic sustainability

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Cheap labour resources
MNC stands for Multinational Corporation which has assets in at least one country other than its home country.
To set up an MNC main criterion is availability of cheap labour resources.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?

Q. Why do the governments of various countries offer incentives to MNCs? Choose the appropriate option.

Q. What are the various ways in which MNCs set up, or control, production in other countries?

Q. Waterways do not need extensive labour to set up routes in seas, rivers and oceans.

Q. Why are the MNCs setting up their customer care centers in India?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Tough Times Teach Tough Lessons

HISTORY

Watch in App

explore_more_icon

Explore more

Tough Times Teach Tough Lessons

Standard X History

Join BYJU'S Learning Program

CrossIcon