roles of TNCS in globalisation Flashcards

1
Q

social factors encouraging TNCs

A

-cheap labour
-education
-culture

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2
Q

economic factors encouraging TNCS

A

-market potential

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3
Q

environmental factors encouraging TNCs

A

-coastal areas
-accessibility of resources/areas

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4
Q

political factors encouraging TNCs

A

-trade links and trade blocs
-SEZs
-neoliberalism

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5
Q

how has BMW been more effective

A

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

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6
Q

negative consequences of outsourcing

A

-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

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7
Q

how has Lego glocalised

A

it has not!!!
lego has began producing more complex designs

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8
Q

how has disney glocalised

A

different stories are produced for different areas, depending on the culture
e.g. disney released first russian film in 2009

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9
Q

how has mcdonalds glocalised

A

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

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