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Q.

[[1]] are the companies that set up their offices and industries in different countries across the globe.


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Detailed Solution

MNCs are the companies that set up their offices and industries in different countries across the globe.
MNCs enhance production with cheap labour and other resources to minimise costs and maximise profits. They sell their finished products across all countries and spread their production process globally. They got a greater amount of benefit from spreading out as they obtained the best quality resources at cheaper prices. The only problem with them is that MNCs only invest in urban and well-developed areas due to the availability of resources to use them more efficiently, and India has the less urban infrastructure, which hinders the growth process of the country. These are the companies that set up their offices and industries in different countries across the globe.
 
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