picture‚ it is quite evident that globalization has gradually morphed non-state actors into a game-changing catalyst for outcomes in the realm of international politics. There is no denying that transnational actors — from Transnational Companies (TNCs) to Non-Governmental Organizations (NGOs) to International Non-Governmental Organizations (INGOs) — have left their mark on world politics to the effect that we cannot dispense with them as well as refuse to take their influence into account‚ especially
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low levels of work based skills. On the other hand‚ due to the lower costs of production for the TNCs‚ they will be able to sell products for cheaper prices and so this will benefit the global economy. It will also benefit the NICs as they will face increased demand for their services and their population would face glowing job prospects. After a while‚ the NICs tend to become countries where TNCs originate from. Examples of this could include "TATA" from India which operates in many sectors such
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International Division of Labour refers (quite broadly) to the global spread of labour use across international borders in the face of globalization and increasing industrial competition. Characteristics of NIDL TNC Driven – large capital outlay for global investments Hierarchical‚ tripartite – see TNC notes Profit driven – capital accumulation near the top of the hierarchy (where R&D is concentrated) Organic and dynamic relationships – Producers and ‘actors’ Uneven – some countries benefit from
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Legrain described globalisation as ‘the way in which peoples lives are becoming increasingly intertwined with those of distant people and places around the world in economic‚ cultural and political terms’ TNCs and nation states are the two main players in globalisation. In 1975 there were around 7‚000 TNCs‚ today there are more than 60‚000 all impacting the development levels
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states are indeed the most powerful global actors‚ we must look at the relative powers of trans-national corporations (TNCs)‚ non-government organisations (NGOs) and some of the institutions of global governance. TNCs have significant power over developing states but are subject to the power of developed states such as Australia and America. This is a result of the nature of TNCs. For example‚ their main objective is to maximise profits for shareholders and they often breach environment and human
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China has become an imperative actor in the global market since 1978. Through economic change and progression‚ China has become the world’s fastest‚ expanding major economy as the largest exporter and second larger importer of goods. In the economic world‚ China is known as the “super power” of the world market. As the economy of China has grown and prospered‚ the country of China has failed to acknowledge the nourishment and inter-connected relationship of the entire population as a whole within
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CONTENTS CHAPTER NO. SUBJECT Chapter 1 Executive Summary Chapter 2 Introduction to CSR Chapter 3 Model of Social Responsibility Chapter 4 Social Responsibility and Business Ethics Chapter 5 Concept of Corporate Citizenship Chapter 6 CSR in India Chapter 7 CSR of Idea Chapter 8 Conclusion BIBLIOGRAPHY CHAPTER: 1 EXECUTIVE SUMMARY By the entrance of MNC’s
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Critical Review Global Shift: Mapping The Changing Contours of the World Economy When the term “Globalization” is discussed‚ most academics‚ scholars‚ professionals and intellectuals attempt to define and interpret it in a summarized fashion. My main concern with this approach is that one cannot and should not define a process that altered decades of history and continues to‚ in less than 30 words. Global Shift is a book with remarkable insight. Peter Dicken rather than attempting to define
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Case Study – Tesco as a TNC Tesco can be considered a TNC as it currently operates in 13 countries with 6‚351 shops open worldwide. Of these‚ 2‚975 were based in the UK. Tesco is currently the largest supermarket in the UK with Tesco now has branched out from just supplying food to also providing other services such as clothes‚ technology devices‚ furniture and banking. This initiative has helped Tesco to dominate the market in multiple areas. The company can now offer for example cheap phone
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OK Jamaica shoes – Ethiopia A TNC is also known as a transnational corporation. These companies transcend national borders e.g. Mc Donald’s or Pizza Hut. Ok Jamaica Shoes is also a good example of a TNC as it currently supplies shoes to over 40 retailers in Ethiopia‚ as well as many more in Kenya‚ Tanzania Djibouti and Canada. OK Jamaica shoes are also in the process of expanding its export base to the European‚ American and Canadian
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