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Class 10 > How does local or domestic companies get help from...
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How does local or domestic companies get help from MNC's?

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Experienced Mathematics com ECE Educator

Through Projects from MNC
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Well Experienced Teacher, Trainer and Mentor, Having a Experience of more than 5 years .

By getting the small small projects, by advance tools training, by loan to set up any small firm like Google is giving small for Google map product google 360.
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Techanical Teacher

Technology Transfer When a multinational business operates in your area, it is likely to use updated technology for business processes, from inventory control to marketing, customer service, processing orders and accounting. This can give the multinational efficiency that you lack. "Technology transfer"...
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Technology Transfer When a multinational business operates in your area, it is likely to use updated technology for business processes, from inventory control to marketing, customer service, processing orders and accounting. This can give the multinational efficiency that you lack. "Technology transfer" occurs when employees learn the new technology and begin relying on it. They come to see the new technology as the standard. You may have trouble attracting and retaining talent that sees your methods as outdated, and you may have to upgrade so that you can improve your own efficiency to compete with the multinational. read less
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Innovative Wizard

MNCs help the local firms by giving them bigger outreach . They provide funds as well as technology
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Maths & Science Teacher

Local and domestic companies may cater to local or national or even international customers. MNCs help them tap the market with precise geography. MNCs also give a fair idea of competition and opportunities for these local/domestic companies to shoot up their revenue.
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Mathemagician, NTSE and OLYMPIAD tutor

MNC's basically helping local companies by giving them some of their projects some companies make circuitry and other small projects for big brands in the market.
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