4.4 Flashcards
1
Q
Impact of MNCs on the local economy
A
- Job creation
- Wages increase (demand for skilled workers increase)
- Community and environment negative affects such as pollution and congestion urbanisation
2
Q
Impact of MNCS internationally
A
- FDI flows (better employment and tex)
2,. Balance of payments - Technology and skills transfer
- Consumers (more choice , lower prices)
3
Q
International stakeholder conflicts
A
- Governments and NGOS - correct tax and pay
- Communities - pollution ect
- Shareholders
- Customers - sustainable products
4
Q
Controlling MNCs
A
- Political influence (State ownership, quotas ect.)
- Legal controls (CMA ect can cause fines)
- Pressure groups (unethical practises exposed)
- Social media (creates transparency and social authority)
