MNC is not only selling its finished products globally, but more important, the goods and services are produced globally. MNCs set up production where it is close to the markets; where there is skilled and unskilled labour available at low costs; where the availability of other factors of production is assured. In addition, MNCs might look for government policies that look their interests. MNCs also set up production jointly with some of the local companies of the respective countries.
There’s another way in which MNCs control production. Large MNCs in developed countries place orders for production with small producers. The products are then supplied to the MNCs, which they sell these under their own brand names to the customers. By setting up partnerships with local companies, by using the local companies for supplies, by closely competing with the local companies or buying them up, MNCs are exerting a strong influence on production at these distant locations.
If all the decisions of a political party are made by a single family and all other members are neglected, than what challenge is being faced by that party?
"The struggle of the Nepali people is a source of inspiration to democrats all over the world." Support the statement.
Lack of internal democracy within parties is the major challenge to political parties all over the world. Analyse the statement.
Describe the process of unification of Germany.
OR
Describe the major problems in the field of education for the French in Vietnam.