How have changes in business and technology increased interdependence Flashcards

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1
Q

What are the factors that attract TNCs to a country?

A
  • Cheaper raw materials
  • Wages
  • Relaxed environment laws
  • Good transport links
  • Access to markets
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2
Q

What are TNCs?

A

Are Transnational Companies

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3
Q

Give an example of TNCs?

A

McDonald’s - 30,000 restaurants on 119 countries

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4
Q

Where do McDonald’s have headquarters?

A

MEDCs - USA, UK

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5
Q

Where do McDonald’s have local branches?

A

Poor Countries - China

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6
Q

What does Globalisation?

A

This is when human activities table place on a worldwide scale.

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7
Q

What does Interdependence?

A

This is when countries are linked together so that they are dependent on each.

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8
Q

What was the term Globalisation first used?

A

1950s

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9
Q

How has Globalisation developed?

A
  • Improvements in Technology
  • Improvements in Transport
  • Growth of TNCs
  • Greater Political Cooperation
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10
Q

How many sales do Apple have?

A

44% in USA

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11
Q

Why do apple have 2 major manufacturing sites in China?

A
  • Cheaper wages

- Not so many rules

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12
Q

Why is Apple a bad company?

A
  • 70 hours a work week

- Breached employment laws

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13
Q

Why is Apple a good company?

A
  • 400,000 workers
  • Have access to apple products
  • Facilities on site
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