Globalisation Flashcards
What types of corporations are involved in Globalisation?
Trans National Corporations (TNCs)
What do TNCs involve?
HQ in one country and many branches throughout the world, bigger companies have HQs per country or reigon
Where do Nike design their products?
In central areas where their products are bought the most. This tends to be in America/Canada
How do companies like Nike keep the cost of producing their products down?
They finding LEDCs with a low minimum wage, so they pay the workers less and it is cheap
Where does Nike tend to make it’s products and why?
Asia as it closer to America than the other option (Africa). This cuts shipping fees
How does Nike advertise its product?
Pay celebrities to wear their products and in TV and towns, as the more we see it the more it enters our mind and you will remember it
How does a company fall out of a profit making loop?
It becomes broke or (in clothing) goes out of style
Give an example of a country which Nike makes goods in and has a branch
Russia, India, Mexico,China,Japan,Indonesia
Give an example of a country which Nike makes goods but does not have a branch
Brazil,South Africa
Give an example of a country which has a branch but does not manufacture products
Canada,UK,France,Ireland,Germany,Spain,Portugal
Give an example of a globalised company
Nike,Microsoft,Apple,Android
How can a phone help a business?
Owners can communicate easily, especially in different areas of the world so the business can expand
How can a TV help a business?
Companies can advertise their products to the world which creates more income as more people buy products
How can a computer help a business?
Design products without making them,saves money, also email which is another way to communicate with others
How can a plane help a business?
Quick way to transport goods across globe , also for employees to go to meetings/work. Gives first hand control to the buisness
