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So-called "footloose companies" including transnational corporations, are not dependent on or otherwise tied to a certain geographic location. Except where impractical due to the costs of shipping goods, they can relocate to countries where resources (including labor) are cheapest.
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What role do TNCs play in the global economy?
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
Are TNC's good or bad?
TNCs are both good and bad depending on how you view it. TNCs ( Transnational Corporations) do depend on LEDCs (Less Economically Developed Countries) because it costs less to pay the workers in a LEDC then a MEDC ( More Economically Developed Countries). Although a TNC does pay about next to nothing, it provides a person from a LEDC to acquire new skills and also earn some money whilst doing this. But, whilst working for a TNC, all the profits go back to the country the TNC originated from and also anything produced from the LEDC will get imported back to the originating country meaning the LEDC gains nothing in the process. TNCs do provide the LEDC new technology they would of had access to before but the TNC may leave the country anytime if cheaper labour is found meaning sudden unemployment. TNCs usually leave a LEDC full of pollution. From that, TNCs are both good and bad depending on how one views it.
How did China attract the business of so many transnational corporations?
they attracted TNCs by the use of cheap labour and ease of entry
What are footloose multinational companies?
So-called "footloose companies" including multinational corporations, are not dependent on or otherwise tied to a certain country or geographic location. Except where impractical due to the costs of shipping goods, they can relocate to countries where resources (including labor) are cheapest.
What advantages do tncs bring to ledcs and medcs?
provide money for industrial projects,helps develop mineral output,improve energy production,improves roads trains,provides new technology,develops trad links with other countries It improves the countrie's (LEDC's) ecomony.
What are some tncs?
BOOST
What is footloose rated?
Footloose (1984) is rated PG. Footloose (2011) is rated PG-13.
What role do TNCs play in the global economy?
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
Who created globalization?
tncs created globalization
Who wrote footloose?
Kenny Loggins wrote Footloose.
What was the closing song for Footloose?
'Footloose' by Kenny Loggins
Is footloose still running?
Is footloose still running
Was Jim carrey in footloose?
is jim carrey in footloose
What was the budget for footloose?
The Production Budget for Footloose was $24,000,000.
What was the Production Budget for Footloose?
The Production Budget for Footloose was $24,000,000.
When was Footloose - musical - created?
Footloose - musical - was created in 1998.
Why TNCs have factories in poor countries?
the labour is cheeper
