Transnational corporations Flashcards
1
Q
what is a transnational corporation
A
company that operates in many countries - called TNC
2
Q
Spatial distribution
A
how something as spread out
3
Q
What parts of a TNC are located in a HIC country
A
Headquarters and Research & Development
4
Q
Where would the production of a TNC occur
A
in a NEE
5
Q
Why does production occur in a NEE
A
wages are cheaper
environmental laws are not strict
tax incentives
6
Q
Problems of production in an NEE
A
Workers are exploited with low pay and long hours
Profit goes back to parent company
management jobs go to people from headquarters