Why do MNC buy up local companies and then expand their production?
MNC's buy up local companies because:
a. They can take advantage of the capital, assets already established by local companies.
b. They can avail the benefits of the marketing networks already developed by some of these local companies.
c. This helps them to easily establish themselves and expand production.
d. MNC's can also make use of the labor already employed in these local companies.
a. They can take advantage of the capital, assets already established by local companies.
b. They can avail the benefits of the marketing networks already developed by some of these local companies.
c. This helps them to easily establish themselves and expand production.
d. MNC's can also make use of the labor already employed in these local companies.