Globalisation 3

Descrição

A-Level Geography FlashCards sobre Globalisation 3, criado por Ethan Molloy em 21-01-2017.
Ethan  Molloy
FlashCards por Ethan Molloy, atualizado more than 1 year ago
Ethan  Molloy
Criado por Ethan Molloy mais de 7 anos atrás
12
1

Resumo de Recurso

Questão Responda
Offshoring TNCs move parts of their own production process (factories or offices) to other countries to reduce labour or other costs
Outsourcing TNCs contract another company to produce the goos and services they need rather than do it themselves. This can result in the growth of complex supply chains.
Global production networks A chain of connected suppliers of parts and minerals that contribute to the manufacturing or assembly of the consumer goods. The network serves the need of a TNC, such as Apple or Tesco.
Least Developed Countries (LDCs) The world's very poorest low-income nations, whose populations have little experience of globalisation. A number of these nations are describes as 'failed states' by politicians, for example, Somalia and South Sudan.
What are global hubs? Global hubs are 'cores' that demonstrate a number of intense connections to the rest of the world, because others wish to connect to them. Many hubs host major TNCs and have increasingly diverse populations. Demographic/finance/trade/idea flows move there
What do Transport and communication technologies help with? What does air travel and containerisation enable? Help networks to operate efficiently. Enable the cheap and efficient movement of people and goods between these hubs.
Transport and communication networks are focused on the core areas, what does this increase? Increases the incentives for people and businessess to invest with core regions.
Telecommunications allow what between producers and consumers? Long distance links The internet in particular has increased the capacity of the telecommunications network to handle data, with GIS and GPS enabling accurate monitoring of flows between nodes. Creative and productive merging between well connected places had increased, best connected places are also best places to specialise and produce goods.
What is Cumulative Causation? The economic principle that multiple changes are set in motion by a single event. The causation might be 'forward' if the effects are positive, as in the case of the location of a new business generating more jobs, more investment oppurtunies and greater tax base communities.
Measuring Globalisation KOF Globalisation Index 2002 Key Information Measures the extent countries are socially,politically,economically linked. One of few measurements consider political (though some data not available) More globalised the country, is the more links its has in terms of tourism, communication, trade and FDI.
Measuring Globalisation KOF Globalisation Index 2002 Examples Ireland = most globalised country in 2015 Solomon Island = least globalised Economic = Singapore Social = Austria Political = Italy
Measuring Globalisation Kearney 'Global/World Cities' Index Key Information This index measures of business activity, human capital, information exchange, cultural experience and political engagement to rank cities in terms of quantity/quality of global connection.
Measuring Globalisation Kearney 'Global/World Cities' Index Examples 2014 = New York on top Emerging Economies = Jakota and Manila Faster rate of global connections
Making connections, TNCs bolt together different economies and societies through their supply chains and marketing strategies. However, some parts of the world have benefited far more than others from FDI from TNCs because... Not all places are suitable sites of production for goods, for a range of physical + human reasons... accesibility natural resources, levels of education. Not all places have enough market potential to attract retailers (LIC/culture).
TNCs do not/cannot always adopt the strategies of offshoring,foreign mergers,foreign acquisitions or transfer pricing in different national context. For example, internet companies have failed notably to gain access to China's market. CONTINUE Other strategies come to play as TNCs attempt to build global business. Not investing directing in offshoring of branch plants or acquiring firms, TNCs can instead forge business partnerships with other companies in countries. Most worlds biggest brand do not make their own products (use outsourcing)
Large corporations ranging from (what) to (what) have established tens of thousands of outsourcing partnerships while building their global businesses. Then resulting series of arrangements is called (what). Dell Tesco Global Production Network (GPN)
A TNC manages its GPN in the same way the captain of a team manages its players. As globalisation has accelerated, so too has the size and density of (6 things). Food giant Kraft and electronics firm IBM both have (how many) supplier providing the ingredients/supplies they need. Global Production Networks, Spannin Food, Manufacturing, Retailing, Technology and Financial services. 30,000
An amazing (blank) different suppliers parts to assemble (brand of car), from the engine right down to the wind-screen wipers. Some parts are (what) from supplies with the EU to avoid import tariffs. In contrast the engine comes from an offshore factory in (Where) owned by BMW 2500 BMW Mini Outsourced Brazil
CASE STUDY Jaguar Land Rover OFFSHORING METHODS 2011: Established assembly plant in India for several of its models 2014: JLR build a new manufacturing factory in Rio, created 400 jobs in the country. 2015: Announced plans to build a new manufacturing plant in Slovakia.
CASE STUDY Jaguar Land Rover OUTSOURCING METHODS 2012: Established a joint partnership in China with Chinies company Chery Automobile company to produce vehicles and engines for several models. As assembly plant was build in Changsha North of Shanghai and production of the first model began in 2014.
How has Developing countries benefited from GPN growth? Because outsourcing arrangements are economically benefitical. For example the local owners of calories in China's SEZ's have profited from the work that foreign TNCs have outsourced them.
3 examples of how outsourcing has caused problems for TNCs Why TNCs are now 're-shoring' their manufacturing closer to home. 1)Natural Hazards such as 2011 Japanese Tsunami (disrupt global supply chains) 2)UK supermarkets stunned finding horsemen entering supply chains (2013) 3)Collapse of Rana Plazo Textile Factory in Bangladesh (2013) killing 1100 people making clothes for Benetoon and Walmart.
The strengthening of Latin American, Asian and Middle Eastern economies has promoted an explosion of what? Explosion of TNC interest in these emerging markets, where over 2 billion people have moved from dollar-a-day poverty into higher income brackets since 1990.
What is glocalisation? Targeting products to local products and tastes.
Ways Globalisation varies Peoples tastes: Cadbury makes chinese chocolate sweeter (prefered) Religion/Culture: Dominoes offer vegetarian food in Indias Hindu regions, MTV avoid sexual music video on Middle Eastern Channel. Local Interests: Reality TV big brother, gain larger audience with local people.
Glocalised Company Examples Walt Disney Company 2009: Disney realeased first Russian film 'Book of Masters' based on fairytale, produced with local talent. Disney acquired Mariel in 2009 = rights to superheroes e.g. 'spider man india'. Story made for Indian Children, Mumbai tenneager Pavitri Prabhakar given powers. Story different from UK/USA.
Glocalised Company Examples McDonald's 2012: McDonalds established 35,000 restaurants in 119 countries. India has religion difficulties. Chicken burgers are served alongside McVeggies and McSpicy Paneer (indian patty). 2012, McDonalds opened vegetarian restaurant for sikh pilgrims visiting Amritsar (golden temple).
NOT Glocalised Company Examples Lego Lego is not glocalised. Since 1949, danish plastic brick maker, producing gradually more complex designs in four locations, Denmark,Hungary,Czech Republic and Mexico. However Lego exports identical products including China. Like Samsung and Apple... genuine appeal.
Impacts of TNCs on Host Countries POSITIVE Higher Environmental Standards TNCs have international brands to maintain and can set high environmental standards as a result. They bring good practise into countries that sometimes do not have good records of environmental protections. e.g. Unilever launched its 'sustainable living plan' in 2010.
Impacts of TNCs on Host Countries POSITIVE Political Stability In eastern Europe and China, investment from TNCs has contributed to economic growth. In providing work for the 'floating population', TNCs have helped reduce conflict between rural and urban populations.
Impacts of TNCs on Host Countries POSITIVE Raising Living Standards FDI increased the productivity of labour force in developing countries. This leads to higher wages and rising living standards.
Impacts of TNCs on Host Countries NEGATIVE Tax Avoidance TNCs pay tax in the lowest tax regimes they can. For example, in 2012 Amazon paid only £2.4 million corporation tax on £4.2 billion of sales in the UK
Impacts of TNCs on Host Countries NEGATIVE Environmental Degradation TNCs can export the negative externalities of their activities to the less developed countries where they operate. For example, they move manufacturing production out of the EU to avoid carbon taxes.
Impacts of TNCs on Host Countries NEGATIVE Unemployment Outsourcing and Offshoring can lead to unemployment in developed countries and high social security spending.
Switched Off Places North Korea Divided from South Korea 1948. King Jong-un Reasons for Political Isolation... Ordinary citizens do not have access to the internet or social media There are no undersea data cables connecting North Korea to elsewhere Journalist observed that it was the only country that nobody knew the song 'yesterday' by the Beatles.
Switched Off Places The Sahel Regions Chad, Mali, Burkino Faso LDCs Some reasons for development challenges... Mismanagement of natural and human resources dating to colonial times. LDCs lacking coastline (Chad), struggle to attract FDI- lack of accesibility. Many LDCs have bad conditions (desertification), adverse affect on growing crops.
Changes that may occur to The Sahel Region. Rapid economic growth in countries like Nigeria. Mali's folk musicians have a large global following on You-tube Conflicts in the region involve groups linked with al-Qaeda's global terror network.
Reasons for Global Isolation ENVIRONMENTAL Distance from market discouraging FDI Wilderness (desert/tundra) Lack (poor quality) of energy and mineral deposits Low agricultural potential (short thermal growing season)
Reasons for Global Isolation ECONOMIC High Level of Government Debt
Reasons for Global Isolation POLITICAL Corruption and presence of organised crime/terrorist groups Weak commitment of government to development Poor transport and telecommunications infrastructure Civil or tribal conflict (Active or legacy), possibly a relic of colonialism.

Semelhante

Super Storm Sandy - Geography Hazards Quiz
Charlotte O'mahony
Human Geography
Will Wotton
A-Level Physical Geography
Will Wotton
Dharavi
rue9497
Plano de Estudo Vestibular- Semana 1
Alessandra S.
Resumo de Biologia - Ciclos da Vida e Evolução
Larissa Guimarães
LEI 8080
Camila Costa
DIREITO ADMINISTRATIVO LEI 10.261/68
Joelma Silva
Projeto Med 2015: História e Geografia
Lud .
Direito Eleitoral - Cartões para Memorização
Silvio R. Urbano da Silva
Coordenadas Geográficas
Carolina Foganholo