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FSS - GEOGRAPHY > F2 - SEM2 - What is the role of TNCs in the global shift of manufacturing activities? - 3.5 > Flashcards

F2 - SEM2 - What is the role of TNCs in the global shift of manufacturing activities? - 3.5 Flashcards

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1
Q

What does TNCs mean?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A
  • Transnational corporations
  • TNCs are large companies that have factories and offices in many countries

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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2
Q

What production mode do TNCs adopt?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A

multi-point production mode - carry out division of labour in different countries

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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3
Q

What are the advantages of multi-point production?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A
  • TNCs can make use of locational advantages to reduce production costs and expand their market
  • promote global capital flow and technology transfer to boost the industrial development of LDCs

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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4
Q

Where are headquarters of TNCs located?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A

MDCs (home countries)

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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5
Q

Where are regional offices of TNCs located?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A

other MDCs

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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6
Q

What kinds of function can be found in headquarters and regional offices of TNCs?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A
  • decision making
  • management
  • marketing
  • product development

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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7
Q

Where are factories of TNCs located?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A

LDCs (host countries)

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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8
Q

Factories are bought or built in LDCs through __________?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A

Factories are bought or built in LDCs through foreign direct investment

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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9
Q

What are the factories in LDCs responsible for?

3.5 What is the role of TNCs in the global shift of manufacturing activities?

A

low-skilled production processing, e.g. assembling

3.5 What is the role of TNCs in the global shift of manufacturing activities?

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FSS - GEOGRAPHY (38 decks)

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