4.4.3 Controlling MNC’s

Question 1

Political influence

Answer 1

Busi’s can be directly controlled through state ownership to ensure busi is conduced in best interest of society
Tariffs/quotas r another way to influence trade
Gove subsidies as well - support home industries

Question 2

Legal control

Answer 2

MNC’s can be controlled through regulation such as comp laws
employee legislation
Where MNC’s breach these laws, governments can take direct action
May involve heavy fines or even criminal prosecution against individuals

Question 3

Pressure groups

Answer 3

Have control over mnc’s - blm/climate camp/nimal liberation front
Even whee business have not broken any laws, unethical practises can be exposed through naming companies

Question 4

Social media

Answer 4

Allows all stakeholder groups to access and share actions and behaviour of comaoanies
Creates transparency and a social authority that can directly challenge unethical behaviour