TNCs Flashcards
1
Q
Facts
A
Top 10 own 20% world’s financial assets, 100,000 worldwide, colonial roots e.g. EIC, most assembly
2
Q
GPNs
A
Kraft (2011 Cadbury acquisition) manage 30,000 suppliers with a GPN and Just In Time production
3
Q
Growth motive
A
Profit: enabled by horizontal integration, vertical integration and economies of scale
4
Q
Growth means
A
Banks: worldwide money flows
5
Q
Growth mobility
A
Fast transport and communication
6
Q
Investment strategies
A
Offshoring (Dyson to Malaysia in 2002), joint venture (McDonalds in N India), glocalisation, mergers/acquisitions (1/3 all 2015 FDI)