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Published byDonald Park Modified over 9 years ago
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Transnationals
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Answers!
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What is a Transnational Company? (TNC) A company which has global operations – Employs in many different countries – Sells and harvests materials in different countries – No definite centre of operations Cohen and Kennedy 2007 – of the top 120 global economic powers 66 and TNCs
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What is a Multinational Company (MNC) Very similar but they retain clear links to a specific country
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http://www.bbc.co.uk/iplayer/episode/b01gk 8zc/Panorama_Billionaires_Behaving_Badly/
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Good Workers? Environment? Profits? Tax? Products? When the resources are gone? Patents? Local industry? Bad Investment? What do they need that the country also does? Education? Values? Trade?
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How can you apply the theories? What would modernisation and neo-liberalism say? What would dependency theory say? What would world systems theory say?
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How are you going to punish them? They are economically powerful – can pressure countries They run through subsidiary companies Whose job is it to prosecute them? Who do you punish? How do you punish them?
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