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Business Theme 4 A Level > Global industries and companies > Flashcards

Flashcards in Global industries and companies Deck (3)
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1

What are the impacts of MNCs on the local economy?

- Local labour, wages, working conditions and job creation
- local businesses suffer or thrive
- environment worsens

2

What are the impacts of MNCs on the national economy?

- FDI flows increase
- Balance of payments
- Technological and skills transfers
- consumers choice
- business culture
- tax revenues and transfer pricing

3

What factors should MNCs consider?

- Political influences
- Legal controls
- pressure groups
- social media