Which of the following is not a feature of a Multi National Company CBSE Economics
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Economics-CBSE-class-10-->View question


Which of the following is not a feature of a Multi National Company? - CBSE Economics

(A) It owns or controls production in more than one nation.
(B) It sets up factories where it is close to the markets.
(C) It organizes production in complex ways.
(D) It employs labour only from its own country.
(Economics - Class 10
Appeared in CBSE Social Science 2011 paper)


By:Aparna-Dasgupta

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(D) It employs labour only from its own country.

Some features of MNC's
They base their operations in many different countries upon market demand and availability of cheap labour
They bring huge investments along with modern technology into production. They expand production by buying up local companies or entering into partnership with them.

tarun101

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(D) It employs labour only from its own country.

A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods or services in various countries. The two main characteristics of MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies.

Fututron

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