Which of the following factors helps MNCs in reducing transaction costs?

Investment in human resource

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

Operation in multiple countries

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

Incentives from the government

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

Use of high-end technology

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

Open in App

Solution

The correct option is B Operation in multiple countries
MNCs operate their business in multiple countries. It helps them to cater to the customers in different countries from their local business production units. As a result, such MNCs succeed in reducing transaction costs.

Suggest Corrections