TNCs Flashcards
1
Q
What are TNCs?
A
Transnational corporations
TNCS are companies that operate in two or more countries
2
Q
How do TNCs spread globalisation?
A
They invest in other countries and open factories there
3
Q
Why do TNCs open factories in other countries?
A
Opening factories in other countries means that there are more customers to sell their products too
4
Q
Since some countries don’t have strict health and safety standards how does this save TNCs money?
A
TNCs can work people harder and they don’t have to meet environmental guidelines
5
Q
How does having lower wages in NICs benefit TNCs?
A
TNCs can save money and make more profit
