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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
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What are TNCs |
A company that is located and sells produces in two or more countries. They bring investment and promote popular cultures. They provide jobs and link countries together. |
E.g. Apple |
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How do TNCs form linkages between countries. |
They form links through investment. 1) mergers, two companies join together to form one bigger company. 2) acquisitions, when one company buys another. |
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How do TNCs gain control over their markets |
Vertical integration, when a company takes over other parts of the supply chain. (E.g. she'll owns every part of the supply chain) Horizontal integration, when a company merges and takes over another company that's at the same stage of production. (E.g. Disney took over pixar) |
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