How are MNCs able to cope with large demands from all over the world and control prices? [CBSE 2014]

MNCs are able to cope with demands and control prices:

1. MNCs organize their production globally across various countries to maximize quality and profit.

2. They organize production very strategically for example manufacturing in China is cheap and markets in USA and Europe where demand is more.

3. Their international influence and huge wealth help them in controlling price.

Explanation: MNCs have a huge influence not only in the economic sphere but also in the political sphere because of their control over resources.