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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.
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∙ 14y ago
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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.
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
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 TNCs?
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.
What does TNC have to do with Globalization?
TNCs affect globalisation in the sense that they find new ways to expand by expanding their factories in foreign countries or introduce a new product which the "foreign" country is not familiar with. This is an example of globalisation because they "break down" the traditional barriers of a country in order to introduce a new product which is seemingly uncultural to them
Why is it good for MEDCs to have TNC headquarters in their country?
One reason is because people are more educated in MEDCs compared to LEDCs - HQs need suffieciently educated employees to manage their money. People in LEDCs are not so well educated and so are more suited to mass production in TNCs.
Should TNCs be allowed to use LEDCs to increase profit?
Yes and No
Why do Tncs locate in Ledcs?
Cos it's cheaper to make and also the wages are lower, so the profit they Tncs get are higher. people have to work more, but still get paid less, you either do the work you get, or you loss your job, so the profit and wages are all cheaper
What is the example of Transnational Corporation TNC?
TNC is a company that sells its products internationally and globally. It normally makes its products in LEDCs whereas its branches are in MEDCs. Examples of TNCs are: Nestle, Topshop, Sony, Cocacola, Nike (they are basically huge brands!) For a more full list of TNC's there is also: Shell, McDonalds, Ford, Apple, KFC, Ikea, BP, United Parcel Service, H&M, Pepsi, Louis Vuitton, Converse, Costa Coffee, Exxon, Nokia, FedEx and Starbucks By Sophie544
What are some tncs?
BOOST
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.
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
Why TNCs have factories in poor countries?
the labour is cheeper
Why TNCs products are made in LEDC?
ukjk ukjk
Differences between mnc and inc?
diff.between mncs and tncs
Why are countries keen to welcome tncs to invest in their countries?
This is because countries would want part of the money earned by the TNCs . so countries would want this kinds of Big companies such as apple company to have a brunch in thier country. TNCs help in globalization so countries would be more connected to the outside world!
