How are 'local companies' benefited by collaborating with 'multinational companies' ? Evaluate any three benefits.

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asked Mar 28, 2018 in Social Science by anukriti (13,536 points) 5 10 19
How are 'local companies' benefited by collaborating with 'multinational companies' ? Evaluate any three benefits.

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answered Mar 28, 2018 by faiz (82,347 points) 6 6 11
selected Mar 28, 2018 by anukriti
 
Best answer

Benefits of Local Company by collaborating with MNC :
(i) MNCs provide money for additional investments like buying new machines for faster production.
(ii) MNCs bring with them the latest technology for production.
(iii) They have invested in newer technology and production methods and raised their production.
(iv) Some have gained from successful collaborations with foreign companies.

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