TNCs Flashcards

1
Q

Definition

A

companies that produce goods and services in more then one country
often describes as the architects of globalisation

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2
Q

Outsourcing

A

where a business makes a contract with another company to complete come of its work, often abroad

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3
Q

example of outsourcing

A

bangladeshi factories make clothes from primark

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4
Q

offshoring

A

a company moves part of its operations to another country

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5
Q

example of offshoring

A

EE call centres in India

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