Case study of a TNC (Apple) Flashcards
where is apples head quaters?
cupertino. Northern California
how many full time employees does Apple have?
98,000
how many stores do Apple have?
450 in 27 different countries
examples of number one record for Apple?
largest music producer (Itunes) and number one global brand to value (145Bn dollars)
what employment model do Apple have?
heirarchial with top down decision making
what company owns Apple manufacturing in China, and wha type of employment is this?
Foxconn, Secondary
why is silicon valley an example of an aggglomeration
it is an area where various high tech industries are brought together
what is a sepacial economic zone (SEZ) and what is an example in China?
a sepcial economic zone is an area where the business and trade laws are different from the rest of the country.
An example in China is Shenzen
what are the impacts on the USA?
- cheaper goods
- can specilaise in financial industries
- less polluting industries, can allow HIC’s to meet both stages of the carbon budgets set by the UN framework convention of climate change (UNFCCC)
- loss of manufacturing jobs leading to rust belt areas
- deindustrialisation
- structural unemployment
what are the impacts on Ireland?
- 4000 workers employed on production line, largest employer in cork
- apples interest in the area has attracted other high-tech firms to the area
- attracted a highly skilled workforce to the area
- company has contributed to infrastructure improvements in the city
- many highly skilled employees are foreign nationals, so apple are accused of not creating enough work for local people
what are the impacts on China?
- increase in employment
- brings new technology to the country
- skill and knowledge transfers
- causes the PME
- increases in formal employment and disposable income leads to higher govenment tax incomes, and therefore more ability to invest in public services
- sweat shop industries, workers in Shenzen SEZ worked 60 hours a week for $100 a month
- poor health and safety conditions, in 2010 fifty workers in suzhou were poisned by a chemical leak
- student and child labour, under 18’s are subject to the same working conditions as adults