controlling MNCS

Question 1

what are the 3 ways of controlling MNCS

Answer 1

changes in law
chnages in policies
pressure groups
social media

Question 2

goverment legislation in controlling MNCS

Answer 2

goverments can change tarrifs and quotas e.g making imports of raw materials more expensive so that MNC uses resources from within the economy therefore reducing FDI outflows

laws which prevent MNCS from explotinf their workers e,g consumer laws making sure safety standadrs are met
emplyment laws r.g enforcing minimum wages

laws on competition to prevent a MNC from creating a monopoly

Question 3

chnages in policies in controlling MNCS

Answer 3

can use to try persuade MNCS to make decisions

e.g may offer subsides, low tax to try to attract MNCS to their country

Question 4

pressure gorups in controlling MNCS

Answer 4

gorups of people that want to change beahviour of businesses

e.g name and shame specific MNCS that they think are unethical

might target campaigns at governments to cause legisaltive change
focing MNCS to change their behaviours to avoid breaking the law

Question 5

adv of pressure groups in controlling MNCS

Answer 5

adv-can raise awareness of issues quickly particualrly using social media

Question 6

dis of pressure gorups in controlling MNCS

Answer 6

dis-pressure gorups may not be able to stop excessive behaviour by their members
could harm their campiagn and weaken their infleunce against MNCS

Question 7

adv of social media in controllign MNCS

Answer 7

allows users to quickly share info about MNCS unethical practices and organise alrge campiagns

Question 8

dis of social media

Answer 8

can lead to spread of distorted or incorrect info

not effective in long term as inntrestes and trends change very quickly on social media