How are 'local companies' benefited by collaborating with 'multinational companies'? Evaluate any three benefits.

Peasants and artisans of French society benefited from the revolution. Clergy, nobles and church had to relinquish power. It is obvious that those who had to forego power and privileges...

(d) One organism is benefited, other is affected. Parasitism is an interaction between two species in which one species (parasite) derives benefit while the other species (host) is harmed. For example,...

1. The principle violated is equity. It advocates that there should be no discrimination against anyone on account of sex, religion, language, caste, belief and nationality etc. it emphasizes kindliness...

Needs and knowledge of the local people needs to be given due consideration for maintaining forests. This gives an insight on how the resources can be used in a sustainable...

MNC's decision to set up production units of certain commodities in other countries is determined by the following conditions.  (i) Proximity to markets and availability of buyers.  (ii) Availability of cheap labour...

(i) Since the revolution in 1949, China gradually came in the field of World economy. It attracted the foreign MNC's because of its lowest economic structure. (ii) Wages were relatively low. (iii)...

Peasants and artisans of French society benefited from the revolution. Clergy, nobles and church had to relinquish power. It is obvious that those who had to forego power and privileges...

Three conditions are : (i) MNCs Set-up production units at such a place where they can produce their goods at a minimum cost. (ii) The place where markets are closer. (iii) The place...

(2) Biopiracy

(a) Those who benefit from higher inflation are debtors and those who suffer from it are creditors. If one has substantial debt, each rupee one has to repay would be...