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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