Answer:
(i)
MNCs set up offices and factories for production in regions where they can get
cheap labour and other resources.
(ii) This is done so that the cost of production remains low and the MNCs
can earn greater profits.
(iii) At times, MNCs set up production jointly, with some
of the local companies in these countries.
(iv) Its twin benefits are?they can provide money for
additional investments like buying of new machines for faster production and
MNCs might bring with them the latest technology for production.
(v) The most common route for MNC investments is to buy up
local companies and then expand production. MNCs with huge wealth can quite
easily do so.
(vi) Large MNCs in developed countries place orders for
production with small producers. Garments, footwear, sports items are examples
of industries where production is carried out by a large number of small producers
around the world.
(vii) The products are supplied to the MNCs which then
sell these under their own brand names to the customers.
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