Author Question: Explain, with an example, what a multinational corporation is. How are multinational corporations ... (Read 271 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
Explain, with an example, what a multinational corporation is. How are multinational corporations based on global economic divisions? How does this relate to the race to the bottom?
 
  What will be an ideal response?

Question 2

Explain what a token is, and the implication for a person who is a token.
 
  What will be an ideal response?



JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Answer to Question 1

A multinational corporation is a corporation that operates globally rather than having a home office. Employees can live and work in dozens of cities or countries. Examples include WalMart and Kmart, as well as toy companies and clothing companies. The management and designers may work in wealthier countries such as the United States, but the production is outsourced to poorer countries where wages are lower. The race to the bottom refers to the phenomenon that multinational corporations will go wherever on Earth they need to, to maximize profits by paying the lowest possible wages.

Answer to Question 2

A token is a person who is the only member of a particular group (or one of only a few). The person or people may be treated as the representative(s) of the group, for example, assumed to be acting as a typical member of that group, or asked questions about the group rather than being treated as individuals. This creates constant pressure to do well so that they reflect positively on their group.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library