Apple in LIC n HIC Flashcards
1
Q
Where HIC? 1
A
Cupertino California
2
Q
What is it doing there 2
A
Research and development
Marketing Quaternary and Tertiary activities
3
Q
Where LIC? 1
A
Shenzhen China
4
Q
MNC Definition 1
A
A company that operates globally
5
Q
LIC benefits? 5
A
Cheap, very cheap, labour
Fight over jobs as there is high unemployment
Different working conditions that reduce cost
Short time to market and ship
Boosts profits
6
Q
Why is Apple in HIC 3
A
Highly educated
Near silicon valley
Great market
7
Q
What is Apple doing in LIC? 2
A
Primary and Secondary stuff
Manufacturing and taking raw materials
