roles of TNCS in globalisation Flashcards
social factors encouraging TNCs
-cheap labour
-education
-culture
economic factors encouraging TNCS
-market potential
environmental factors encouraging TNCs
-coastal areas
-accessibility of resources/areas
political factors encouraging TNCs
-trade links and trade blocs
-SEZs
-neoliberalism
how has BMW been more effective
BMW has production and HQ in multiple countries, allowing for massive connections and cheapness in construction and selling the mini-cooper
e.g. bonnet made in Netherlands, HQ in Austria,
wheels made in Italy + Germany and HQ is in USA
negative consequences of outsourcing
-natural hazards can disrupt global supply chains
-unexpected goods can enter food chains (UK found horsemeat in 2013)
-unsafe conditions caused Rana Plaza textile factory in Bangladesh to collapse in 2013, killing 1100 people
how has Lego glocalised
it has not!!!
lego has began producing more complex designs
how has disney glocalised
different stories are produced for different areas, depending on the culture
e.g. disney released first russian film in 2009
how has mcdonalds glocalised
mcdonalds has changed menu’s in some areas to attract more people (e.g. no beef in india)
2012 -> 35,000 restaurants in 119 countries