How have changes in business and technology increased interdependence Flashcards
What are the factors that attract TNCs to a country?
- Cheaper raw materials
- Wages
- Relaxed environment laws
- Good transport links
- Access to markets
What are TNCs?
Are Transnational Companies
Give an example of TNCs?
McDonald’s - 30,000 restaurants on 119 countries
Where do McDonald’s have headquarters?
MEDCs - USA, UK
Where do McDonald’s have local branches?
Poor Countries - China
What does Globalisation?
This is when human activities table place on a worldwide scale.
What does Interdependence?
This is when countries are linked together so that they are dependent on each.
What was the term Globalisation first used?
1950s
How has Globalisation developed?
- Improvements in Technology
- Improvements in Transport
- Growth of TNCs
- Greater Political Cooperation
How many sales do Apple have?
44% in USA
Why do apple have 2 major manufacturing sites in China?
- Cheaper wages
- Not so many rules
Why is Apple a bad company?
- 70 hours a work week
- Breached employment laws
Why is Apple a good company?
- 400,000 workers
- Have access to apple products
- Facilities on site