Multi-Nationals Flashcards
1
Q
Advantages of Multi-Nationals?
A
- cheaper productions costs
- allows larger profit
- improve international relationships
- economies of scale
- improves living standards and economic growth
2
Q
Disadvantages of Multi-Nationals?
A
- exploitation of labour
- pollution
- impact domestic producers
- cultural homogenization
- industry restructuring
3
Q
What is a multi-national (MNC)
A
A multi-national corporation is an enterprise or company that operates in more than one country but is managed from one home country.
An MNC will earn at least 25% of revenue from operations outside of its base country
4
Q
What are factors of multi-national growth?
A
- the location of natural factors endowments
- the digital and other innovation infrastructure
- government incentives
