Single Answer MCQ
Q-00015689
Which of the following is NOT a reason MNCs choose locations for production?
1
Availability of skilled labor
2
Proximity to markets
3
Cultural similarity to home country
4
Low cost of production factors
Answer and Solution
Answer
C. Cultural similarity to home country
Solution:
Cultural similarity to the home country is generally not a vital reason for choosing production locations; MNCs prioritize economic factors such as cost, labor availability, and market proximity.
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