How are local companies benefitted by collaborating with multinational corporations? EXPLAIN
WITH EXAMPLES.(3 marks)
Dear student,
The local companies are benefitted by collaborating with multinational companies in two folds:
The local companies are benefitted by collaborating with multinational companies in two folds:
1) The MNCs provide money for buying assets such as land, machines etc.
2) The MNCs might bring with them the latest technology for fast production.
Regards
Regards