Theme 5 - Globalisation

Question 1

What does the word distribution mean?

Answer 1

How ‘something’ is spread out.

Question 2

What is a multinational company (also known as a TNC)?

Answer 2

A company that has its Headquarters in one country and branches in at least one other country (usually many countries).

Question 3

Why are many factories located in poorer countries?

Answer 3

Cheap labour costs, lack of environmental laws, some Asian countries have a strong work ethic, new countries to sell the product

Question 4

What does globalisation mean?

Answer 4

How new ideas are spread with increasing ease around the world

Question 5

Name 3 ways that has enabled globalisation to happen.

Answer 5

Internet, transport, technology, trade

Question 6

What does TNC stand for?

Answer 6

Transnational company

Question 7

Name 3 TNCs

Answer 7

Coca-Cola, Apple, McDonalds, Toyota…. there are loads

Question 8

Name 3 advantages that TNCs can bring to less developed countries

Answer 8

Create jobs, bring in money to a country, people may have a better lifestyle, improvements in infrastructure, new skills and new technology are introduced

Question 9

Name 3 disadvantages that TNCs can bring to less developed countries

Answer 9

Poor working conditions, low pay, low skilled jobs, creation of sweatshops, money doesn’t stay in the country (leakage),