PRODUCTION ACROSS COUNTRIES multinational corporations (MNCs) emerged on the scene. A MNC is a company that owns or controls production in more than one nation. MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. This is done so that the cost of production is low and the MNCs can earn greater profits.
Consider the following example. This is a call centre in Bengaluru, equipped with telecom facilities and access to the Internet to provide information and support to customers abroad.