Transnational Corporations Overview
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Questions and Answers

How do Albrow & King (1990) define Globalization?

  • The interconnectedness of people in local, national, and regional contexts
  • The occurrence of global flows in different dimensions
  • The incorporation of people around the world into a single global society (correct)
  • The process of intensifying social relationships among countries
  • In what way did Giddens (1991) support the claim about Globalization?

  • By describing global flows in different dimensions
  • By emphasizing the process of local events forming as a result of happenings from afar (correct)
  • By highlighting the rapid interconnection worldwide
  • By mentioning the occurrence of economic relationships and networks
  • According to Steger (2005), what does Globalization denote?

  • A range of processes nesting under a single ideology
  • A single unwieldy epithet encompassing various processes (correct)
  • An interconnectedness of people in a regional context
  • An ideology promoting local events formation
  • Why is there a rapid interconnection worldwide, according to the text?

    <p>Because of the social and economic relationships and networks</p> Signup and view all the answers

    What did Freeden (2003) emphasize about Globalization according to Steger (2005)?

    <p>A range of processes nested under unwieldy epithets</p> Signup and view all the answers

    What characterizes Globalization based on the information provided?

    <p>The intensifying of social relationships among countries</p> Signup and view all the answers

    According to Francis Fukuyama, what did he stress the correlation between?

    <p>Economic development and successful democracy</p> Signup and view all the answers

    In Hillary Rodham Clinton's view, what should be seen as the 'backbone of democracy' in former communist countries?

    <p>Emergence of new business and shopping centers</p> Signup and view all the answers

    Which historical examples illustrate sustained economic growth in the past according to the text?

    <p>Long-distance trading between Venice and the Netherlands</p> Signup and view all the answers

    What was praised by Hillary Rodham Clinton in Eastern Europe's economic transition?

    <p>Transition towards capitalism</p> Signup and view all the answers

    What did Prof. Honesto and Prof. Guillermo discuss regarding changes in the global economy?

    <p>Significant changes in the global economy over the past centuries</p> Signup and view all the answers

    What contributed to the birth of capitalism according to the text?

    <p>Global changes in the economy over centuries</p> Signup and view all the answers

    What was the purpose of the laws of war codified by the Great Powers at the end of the nineteenth century?

    <p>To minimize the severity of conflicts between civilized states</p> Signup and view all the answers

    What did Britain's General J.F.C. Fuller suggest about warfare against uncivilized nations?

    <p>The form of warfare should match the level of civilization in the land</p> Signup and view all the answers

    What did the 1914 British Manual of Military Law emphasize regarding the application of rules of International Law?

    <p>They apply only to warfare between civilized nations</p> Signup and view all the answers

    Before the First World War, what was a common belief about international law?

    <p>It is a product of modern Europe's special civilization</p> Signup and view all the answers

    How did the United States view itself in relation to European powers by the end of the nineteenth century?

    <p>As a European power, though not of the first rank</p> Signup and view all the answers

    What did the Roosevelt Corollary do in relation to the Monroe Doctrine?

    <p>Toughened up its reading</p> Signup and view all the answers

    What is a requirement for any state to become a member of the United Nations?

    <p>Accepting the obligations in the UN Charter</p> Signup and view all the answers

    Which entity has the final decision on admitting a state as a member of the United Nations?

    <p>The General Assembly and Security Council</p> Signup and view all the answers

    In terms of UN membership, what is highlighted in Chapter 2, Article 4 of the United Nations Charter?

    <p>Only sovereign states can become members</p> Signup and view all the answers

    What was unique about some of the original members of the United Nations like Belarus, India, Philippines, and Ukraine?

    <p>They were not fully sovereign at the time of admission</p> Signup and view all the answers

    How has globalization impacted traditional sovereign states according to the text?

    <p>Made it difficult to enforce property rights</p> Signup and view all the answers

    What impact has considerable financial deregulation had on sovereign states according to the text?

    <p>Increased difficulties in providing regulatory public goods</p> Signup and view all the answers

    Which of the following defines a transnational corporation?

    <p>An enterprise that operates in more than one country and engages in activities that add value</p> Signup and view all the answers

    In what way do transnational companies differ from traditional corporations?

    <p>Transnational companies have a central corporate facility but decentralize decision-making to foreign markets</p> Signup and view all the answers

    What event marked the beginning of contemporary globalization according to the text?

    <p>The economic recovery of capital structures in Japan and Europe</p> Signup and view all the answers

    How did US corporations have an advantage post-WWII according to the text?

    <p>They emerged from the war with their productive capacities intact</p> Signup and view all the answers

    In what year did Barnet and Muller define the MNC as a major economic global actor?

    <p>1974</p> Signup and view all the answers

    What do scholarly works document regarding global corporate development?

    <p>Different waves of global corporate development over six decades</p> Signup and view all the answers

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