Flashcards : British TNCs and Globalization — 10 cartes

Interconnected world via flows of goods, capital, culture, technology.

Increasing interconnectedness via flows of goods, capital, tech, culture.

BP, Shell, HSBC, Unilever, Vodafone.

BP, Shell, HSBC, Unilever, Vodafone.

Operate across multiple countries to maximize profits and reduce costs.

Empire and Commonwealth facilitated resource access and markets.

Maximize profits and reduce costs.

Raw materials → Manufacturing → Distribution → Sale.

English language, Western brands, media.

Pollution, inequality, tax avoidance, local economy weakening.