roles of TNCS in globalisation

Question 1

social factors encouraging TNCs

Answer 1

-cheap labour
-education
-culture

Question 2

economic factors encouraging TNCS

Answer 2

-market potential

Question 3

environmental factors encouraging TNCs

Answer 3

-coastal areas
-accessibility of resources/areas

Question 4

political factors encouraging TNCs

Answer 4

-trade links and trade blocs
-SEZs
-neoliberalism

Question 5

how has BMW been more effective

Answer 5

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

Question 6

negative consequences of outsourcing

Answer 6

-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

Question 7

how has Lego glocalised

Answer 7

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

Question 8

how has disney glocalised

Answer 8

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

Question 9

how has mcdonalds glocalised

Answer 9

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