TNC: Apple Inc. Flashcards

1
Q

Apple is a US owned company based in

A

Cupertino, north California

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2
Q

Apple started business in

A

1976

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3
Q

Apple is now the world’s…………largest IT company by revenue after …………………

A

second largest after Samsung

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4
Q

Apple has………………….full time employees

A

98,000

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5
Q

Apple has over……..retail stores

A

450

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6
Q

in 2014, apple was the….largest TNC globally with total assets of………………..

A

11th largest

US$ 207 billion

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7
Q

in 2011, …..% of Apple’s product sales were in …………..

A

44%

in the USA

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8
Q

in the last five years, apple’s most rapid growth has been in

A

the Asia-Pacific region

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9
Q

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

A

Cork, Ireland
4,000 people
2,500

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10
Q

apple outsources its manufacturing to …………………, a Taiwanese company operating in………………

A

Foxconn

operating in mainland China

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11
Q

most of apple’s target market is situated in……………….countries

A

developed

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12
Q

apple’s R & D sectors are situated in Silicon, an example of where……………has taken place

A

agglomeration

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13
Q

Foxconn operates in Shenzen, which was China’s first and most successful ………………………………………

A

special economic zone (SEZ)

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14
Q

apple manufactures in china because: (3 reasons)

A
  • 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
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15
Q

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

A

400,000 workers

US$ 200

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16
Q

apple actually owns ………………..factory(ies) in the entire world

A

1 factory in ireland

17
Q

apple was lured to ireland because of the governemnt’s …………% corporation tax.
this is the………………..lowest tax in europe

A

12.5%

second lowest

18
Q

most of the highly skilled workers in cork at apple’s site are from

A

the EU or USA, not Irish

19
Q

apple has been accused of ……………………in ireland

A

corporate tax avoidance

20
Q

in 20…..,at the shenzen factory in china, ………………………workers were working more than …………..hours a week for just US$……….. a month, half of which was used for living costs

A

2006
200,000
60 hours a week
US$ 100 (real wage only US$ 50)

21
Q

in 2010, …………..workers were poisoned by a toxic chemical used to clean iPad screens because………………………..
the workers tried to sue apple, and most cases were…………………..

A

50 workers
apple had not installed adequate ventilation to save costs
cases were settled out of court (bribes or blackmail used)

22
Q

children and university students have to work in order to

A

be allowed to graduate at foxconn city

23
Q

by the end of 20………….., ……suicides had occured at a foxconn factory largely as a consequence of the severe working conditions

A

2010

14 suicides

24
Q

in response to criticism on poor working conditions i its outsourced factories, apple has

A

a Supplier Code of Conduct

25
Q

four things which apple was criticised on environmentally were:

A
  • reliance on non-renewably generated electricity to power its data centres
  • use of toxic brominated flame retardants and PVC
  • factories in china were discharging pollutants into the local water supple, endangering public health
  • lack of recyclability of apple’s products