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Q.

MNCs set up their factories and offices in regions where they can get ____ labour.


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Detailed Solution

MNCs set up their factories and offices in regions where they can get cheap labour.
While starting a business in a particular country, multinational corporations look for certain factors to make their business profitable. Cheap labour is a significant factor among them. It will assist businesses in using skilled labour in a productive manner. Skilled labour is an asset to the workings of any company. Skilled labour will help in using the other resources of production very effectively. If it is cheap, the companies can maximise their profits as the cost of production is very affordable.
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