Edzy
Single Answer MCQ
Q-00015699

What strategy do MNCs often employ to minimize production costs?

1

Maintaining large headquarters in home countries

2

Hiring only local workforce

3

Producing goods where costs are lowest

4

Limiting product availability to exclusive markets

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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. Producing goods where costs are lowest

Solution:

MNCs frequently produce goods where production costs are lowest, leveraging geographic advantages to enhance profitability.

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