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CBSE Class 10 Social Science 2017 Term 2 Set 2 Delhi Paper
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Question : 6 of 9
Marks:
+1,
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How are 'Local Companies' benefited by collaborating with 'Multinational Companies'? Evaluate any three benefits.
Solution:
The 'Local Companies' has been benifitted by collaborating with 'Multinational Companies' in the following ways: (i) MNCs provide money for additional investments like-buying new machines for faster production with them.(ii) MNCs bring the latest technology for production.(iii) The collaboration with MNCs also bring new market for the finished goods/ products.(iv) With the increase in production, Indian companies made good earnings.(v) Most of the Indian companies has gained from successful collaboration with foreign companies.
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