TNC: Apple Inc. Flashcards
Apple is a US owned company based in
Cupertino, north California
Apple started business in
1976
Apple is now the world’s…………largest IT company by revenue after …………………
second largest after Samsung
Apple has………………….full time employees
98,000
Apple has over……..retail stores
450
in 2014, apple was the….largest TNC globally with total assets of………………..
11th largest
US$ 207 billion
in 2011, …..% of Apple’s product sales were in …………..
44%
in the USA
in the last five years, apple’s most rapid growth has been in
the Asia-Pacific region
Apple’s european headquarters are in …………… where ………………….people are employed in iMac production and customer support.
a further………………..people are employed in the supply chain
Cork, Ireland
4,000 people
2,500
apple outsources its manufacturing to …………………, a Taiwanese company operating in………………
Foxconn
operating in mainland China
most of apple’s target market is situated in……………….countries
developed
apple’s R & D sectors are situated in Silicon, an example of where……………has taken place
agglomeration
Foxconn operates in Shenzen, which was China’s first and most successful ………………………………………
special economic zone (SEZ)
apple manufactures in china because: (3 reasons)
- china offers a large source of highly skilled, hard working labour for low wages
- a series of companies competed for apple’s manufacturing contract, driving costs down
- shenzen is china’s most successful SEZ (special economic zone) with incentives to attract FDI
in Foxconn City, a site of agglomerated high-tech companies, ……………………people are employed, supposedly earning US$……………….a month, which is higher than the living wages
400,000 workers
US$ 200