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
2
Q
What are some examples of global corporations?
A
Nike, McDonalds, The Body Shop
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