Edzy
Single Answer MCQ
Q-00045502

What is a key advantage for local companies partnering with MNCs?

1

Reduced taxation

2

Brand recognition

3

Access to capital and technology

4

Job creation

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. Access to capital and technology

Solution:

Local companies benefit from access to the capital and technology that MNCs bring, which can help them improve their production efficiency. Reduced taxation is not guaranteed, while brand recognition and job creation may vary.

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