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Question
Which of the following factors enable MNCs to produce better quality products at lower prices?
Which of the following factors enable MNCs to produce better quality products at lower prices?
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Solution
The correct option is C Advanced technology
MNCs have the capacity to invest huge amounts of money as capital. Thus, they can operate large-scale production. This results in lower cost of production. Moreover, use of technology helps them in producing quality goods.
MNCs have the capacity to invest huge amounts of money as capital. Thus, they can operate large-scale production. This results in lower cost of production. Moreover, use of technology helps them in producing quality goods.
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