Globalisation: TNC's Flashcards
1
Q
what does TNC stand for?
A
Transnational Corporation
2
Q
what are TNC’s?
A
large companies that drive global. change
3
Q
what is spatial organisation?
A
HQ is in a developed country.
Manufacturing where labour is cheaper
4
Q
what does GPN stand for?
A
Global Production Networks
5
Q
what are GPN’s examples of?
A
Linkages
6
Q
what are some of the benefits of a TNC for a country?
A
- generates jobs
- brings new tech
- develops workers skills
- MULTIPLIER EFFECT
7
Q
what are some of the costs of a TNC on a country?
A
- poor working conditions
- resource exploitation
- environmental impacts
8
Q
what are some of the benefits of a TNC on the company itself?
A
- lower costs
- access to new markets
- fewer controls on environmental or sustainable production problems
9
Q
what are some of the costs of a TNC for the company itself?
A
- possible potential repetitional damage
2. Ethical Issues
10
Q
what is the benefit of a TNC for the company’s origin country?
A
Cheaper goods and production
11
Q
what are some of the costs of a TNC on the company’s origin country?
A
- loss of jobs in manufacturing
2. deindustrialisation
