Global Corporations Flashcards

1
Q

What is a global corporation?

A

A business that operates in two or more countries OR companies that have expanded into many parts of the world

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2
Q

What are some examples of global corporations?

A

Nike, McDonalds, The Body Shop

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3
Q

Why does Nike have most of their factories in moderately and least developed countries?

A

To obtain cheap labour and lower costs of production

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