Controlling MNCs Flashcards
1
Q
What are 4 ways to control MNCs?
A
political
legal
pressure groups
social media
2
Q
How does political affect mnc?
A
Impose tariffs/ quotas= allows domestic businesses to compete
Give subsidies to domestic
Impose higher taxes
3
Q
How does legal affect MNCs?
A
Employee law, consumer law
4
Q
How do pressure groups affect MNCs?
A
Protests/ advertising campaigns
5
Q
How does social media affect MNCs?
A
Challenge unethical practises= bad reputation= decreased sales
