Globalisation: TNC's

Question 1

what does TNC stand for?

Answer 1

Transnational Corporation

Question 2

what are TNC’s?

Answer 2

large companies that drive global. change

Question 3

what is spatial organisation?

Answer 3

HQ is in a developed country.

Manufacturing where labour is cheaper

Question 4

what does GPN stand for?

Answer 4

Global Production Networks

Question 5

what are GPN’s examples of?

Answer 5

Linkages

Question 6

what are some of the benefits of a TNC for a country?

Answer 6

1. generates jobs
2. brings new tech
3. develops workers skills
4. MULTIPLIER EFFECT

Question 7

what are some of the costs of a TNC on a country?

Answer 7

1. poor working conditions
2. resource exploitation
3. environmental impacts

Question 8

what are some of the benefits of a TNC on the company itself?

Answer 8

1. lower costs
2. access to new markets
3. fewer controls on environmental or sustainable production problems

Question 9

what are some of the costs of a TNC for the company itself?

Answer 9

1. possible potential repetitional damage

2. Ethical Issues

Question 10

what is the benefit of a TNC for the company’s origin country?

Answer 10

Cheaper goods and production

Question 11

what are some of the costs of a TNC on the company’s origin country?

Answer 11

1. loss of jobs in manufacturing

2. deindustrialisation