A part (d) model answer Case study- a multinational company Name a multinational company and one country where it operates Nike‚ Vietnam‚ Southern Asia Explain how the MNC affects local people and the economy of that country. Use at least three developed ideas. Nike is the World’s leading supplier of sportswear. It has many factories in Asia‚ including 24 in Vietnam. It has a major impact on both the Vietnamese people and its economy. Thousands of jobs are created for local people which means
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farmlands silently suffering abuse. Save the Children works to end exploitative Child labour. Many children all over the world do some kind of work. You might have an after-school job‚ or maybe you help out with chores around the house. This kind of work can be great: you build skills and earn extra cash. It’s not child labour. Only work that’s harmful to a child’s physical and mental development is considered to be child labour. One in seven children is exposed to this kind of labour‚ kept from school
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1. Which of the following contributed most to the initial formation of political states by the Muscovite Russians and the Ottoman Turks? 2. Which of the following statements about the Manchus after the mid-1600s is accurate? 3. An important reason for China’s rapid population increase in the 17th & 18th centuries was 4. The term “samurai” describes men in feudal Japan who were most like the men in feudal Europe known as 5. Which of the following contributed most to the emergence of
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very effective to regulate multinational corporations in many ways. There are few institutions which always take care for the multinational corporations. Also‚ these institutions effective to give suggestion about economy. Global trends which are around the world have shown that the more stringent and effective labor legislation‚ the more likely MNC’s will relocate to another jurisdiction. As a result‚ globalization endangers the jobs and employment benefits that labor law was intended to protect
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accused of using child labor in the production of its soccer balls in Pakistan. This case study will examine the claims and describe the industry and its impact on laborers and their working conditions. While Pakistan has laws against child labor and slavery‚ the government has taken very little action to combat it. Only a boycott by the United States and other nations will have any impact on slavery and child-based industries. Futhermore the U.S constitution states that child labor is an illegal and
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Sustainable Development: The Role of Multinational Corporations Gary Quinlivan‚ PhD Saint Vincent College The economic role of multinational corporations (MNCs) is simply to channel physical and financial capital to countries with capital shortages. As a consequence‚ wealth is created‚ which yields new jobs directly and through “crowding-in” effects. In addition‚ new tax revenues arise from MNC generated income‚ allowing developing countries to improve their infrastructures and to strengthen
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Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Name Institutional Affiliation Why do firms become multinational enterprises? Identify and discuss four reasons‚ making sure to incorporate examples into your answer. Multinationals are corporations which operate in at least two countries but whose management is established in one specific country. They have their operations in at least one other country different
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Child Labor Child labor is a significant global issue and an increasing epidemic in many developing and poor countries. It is a very controversial issue because some people believe that it is just pure unethical‚ while others believe that their children need to work in order to provide for their family. Often times Americans criticize a third world country’s way of life. Just because their culture is very different from ours we automatically assume that it is wrong. In my opinion child labor is not
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Child Labor in Mexico Veronica Hernandez began her working career in a factory sweatshop. She was only 8 years old. After more than 12 years of intense and monotonous work in a number of different factories‚ Hernandez still‚ “felt as poor as the day she first climbed onto the lower rungs of the global assembly line” (Ferriss‚ source#2). Veronica works about 45 hours a week for only a base salary of $55‚ an occupation where she assembles RCA televisions by the Thomson Corporation. While some
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world confront the same problem about climate‚ many of them are concerned and attempt to solve it. Global warming seems to affect the vast majority of people in the world. Interior design could help people in the world to reduce this problem by designing with sustainability way. One of the many possible solutions is reducing energy and material use in architectural industry. In this essay at first will explain the definition of global warming‚ global warming effects on human being and how to
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