Understanding Transnational Corporations
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Questions and Answers

What distinguishes a TNC from a regular corporation?

A TNC operates in multiple countries, while a regular corporation typically operates within a single nation.

Why do TNCs prefer to operate in low-income countries?

TNCs seek low production costs due to cheaper materials and wages, as well as access to large consumer markets.

Name two prominent TNCs and their industries.

Apple (technology) and Chevron (oil and gas) are two examples of prominent TNCs.

Which benefits of TNCs would be crucial for a government minister and a parent?

<p>Tax contributions and job creation are crucial benefits for both a government minister and a parent.</p> Signup and view all the answers

As a doctor and a factory owner in a low-income country, how would your perspective on TNCs differ?

<p>As a doctor, I might view TNCs as beneficial for healthcare improvement, while as a factory owner, I could see them as competition.</p> Signup and view all the answers

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