3.2.1.3 TNCs continued

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Created by: teese
Created on: 02-06-22 10:44

TNCs in p------ i------- often invest in countries with n------ r-------- that they can e------.

primary industry
natural resources
extract

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TNCs in s------- i------- often invest in countries with l-- l------ c---- and c---- l---.

secondary industry
low labour costs
cheap land

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TNCs in the t------- i------- often invest in countries with a well e------- population.

tertiary industry
educated

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TNCs also often invest in countries with w--- l----- and e------------ r---------- which allows the company to cut costs.

weak
labour
environmental regulations

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what is intra-firm trading?

when one division of a TNC trades with another part of the TNC.

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Name 2 ways TNCs take advantage of global marketing.

1) they operate in many different countries, so can market globally.
2) they gain knowledge of local markets and adjust their marketing accordingly.
3) the aim of TNCs is to create a brand that is recognised globally which will mean consumers will buy th

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Other cards in this set

Card 2

Front

TNCs in s------- i------- often invest in countries with l-- l------ c---- and c---- l---.

Back

secondary industry
low labour costs
cheap land

Card 3

Front

TNCs in the t------- i------- often invest in countries with a well e------- population.

Back

Card 4

Front

TNCs also often invest in countries with w--- l----- and e------------ r---------- which allows the company to cut costs.

Back

Card 5

Front

what is intra-firm trading?

Back

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3.2.1.3 TNCs continued