6.1 Technological develop PT3

Question 1

Factors for the global marketplace

Answer 1

-multinational companies in developed+developing countries
-manufacturing ‘offshore’ in developing countries
-local and global production

Question 2

companies in other countries

Answer 2

-companies that are eager to be successful need to sell products overseas
-so have to research their markets carefully
-ensures the are appropiate for particular countries and don’t cause cultural offence

Question 3

an example for understanding connotations of dif colours in the world

Answer 3

an illustration of this is the western asociation of white with purity, exemplified by many bridal dresses and religious robes
-whereas in china+ other east asian countries it is associated with death+mourning

Question 4

expand on manufacturing offshore in developing countries

Answer 4

-modern worldwide digital comm networks+transport infastructure facilitate the relocation of specific elements of the design
-and particulary the manufacture of products to less developed countries

Question 5

why does manufacturing offshore in developing countries have potential for cost savings

Answer 5

-due to the lower wages and sometimes harsh conditions for workers in countries such as China and India, compared to their western counterparts
-some countries are able to offer financial incentives to companies who relocate there

Question 6

examples of developing countries and companies

Answer 6

-dyson manufactures its vacuum cleaners in malaysia, and singapore is the planned location for its electric vehicle factory

-been alleged that Apple’s manufacturing subcontractors use illegal practices at some of their Chinese manufacturing plants, with poor conditions for workers and consequent risks to their health

Question 7

Defintion of the global marketplace

Answer 7

the international echange of goods, service and labour

Question 8

Defintion of a multinational company

Answer 8

a business that has assests such as manufacturing or design facilities in more than one country

Question 9

Definiton of ofshore manufacturing

Answer 9

the recolation of a factory to another country, usually where materials and/or labour are cheaper

Question 10

Definition of a developing country

Answer 10

a country with low levels of industrial and commerical activity and generally lower incomes

Question 11

advantages of companies that are based in developing countries

Answer 11

-local area regeneration (employment and infastructure)
-raised living standards
-benefits to the general economy
-facilitation of technological developments

Question 12

disadvantages of companies that are based in developing countries

Answer 12

-environmental issues
-employment issues

Question 13

expand on environmental issue disadvantage

Answer 13

such as pollution, environmental damage and risk to life (a recent example is the minas gerais dam burst in brazil)

Question 14

expand on employment issue disadvantage

Answer 14

-no minimum wage, so pay can be very low
-limited access to senior roles
-no access to unions for protection from issues such as unfair dismissal
-safety standards are sometimes very low
-local traditional crafts may loose their value and tradition
-risk of over dependancy, resulting in problems if companies relocate elsewhere