Why do multinational companies set up production jointly with the local companies of a country?

Standard

My answer to Why do multinational companies set up production jointly with the local companies of a country?

Answer by Ken Larson:

IBM and GE come to mind as two prominent companies that are doing what you have questioned. The strategy is obvious; supply and demand.

They relocating high tech and aircraft manufacturing personnel from the US to where the demand is greatest.

IBM To Build Massive China Cloud Data Centers – InformationWeek

GE jet engine joint venture to power China's new plane

Bringing jobs back to America” is an antiquated phrase.

We must bring America to the jobs and we are doing so with our unmatched technology and internationally wired economy.

Supply and demand has always prevailed throughout human history. America needs to elevate education and industrial cooperative programs to bring our work force up to where the bulk of our labor force can lead the world anywhere in the world.

Asking industry to invest in this concept is a great way to fill open labor requisitions in the top firms with experienced people.

IBM Defends the Radical 6-Year High School It Founded To Get Young Minorities Into Tech

Why do multinational companies set up production jointly with the local companies of a country?

Advertisements

About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s