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What are Multi-National Corporations (MNCs)?

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What are Multi-National Corporations (MNCs)?

Posted by Kumaran M 5 years ago

CBSE > Class 10 > Social Science

1 answers

Niharika Jorwal 5 years ago

An MNC is a company that owns or controls production in more than one nation. MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. This is done so that the cost of production is low and the MNCs can earn greater profits.

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