answersLogoWhite

0


Best Answer

what are the advantages of TNC there are many advantages and disadvantages to the LEDC (Less Econimically Developed Country.) For example, the credit crunch has hit many of the large companies in the world including the TNC's. If for a reason that it is to costly to have workers in an LEDC, then the TNC could just walk out and leave lots of unqualified workers without jobs. One advantage for the country is that the TNC will have to improve the infrastrucutre of the town e.g. roads, telecommunications, ect... And also it provides jobs for many unqualified workers who have had a poor education. The little pay gives the chance for the workers to pay the rent and for some food. You may argue that they are paid nothing much at all but it is paid regulary.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the advantages and disadvantages of POOR COUNTRYS TO TNC?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Why do TNC'S choose to set up developing countries?

becuase they want to


What advantages are there to fair trade?

That the workers get paid a fair amount of money unlike things like transnational cooperations (TNC's) who get paid next to nothing, when you work for fair trade and if you have left over money, you could improve things like schools and communities.


What is the disadvantage of globalisation of TNC's?

Loss of culture Loss of traditional values Some companies will have political power


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 is the definition of transnational corporation?

A huge company that carries out business in a number of different countries is known as a transnational corporation or TNC. Examples of Transnational companies include BP-Amoco, Unilever and Cadbury-Schweppes.