question_answer

  In what way an MNC different from the national companies? Highlight any three points of distinction.  

Answer:

                  In the following ways, an MNC is different from other companies

S. No.	Multinational Company	Other (National) Company
(i)	It owns or controls production in more than one nation.	It owns or controls production within the country.
(ii)	It sets up offices and factories for production in regions where they can get cheap labour and other resources.	It has no such option.
(iii)	Since the cost of production for an MNC is low, it can earn greater profits.	It has no such scope to earn greater profits.