Author Question: Explain, with an example, what a multinational corporation is. How are multinational corporations ... (Read 201 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?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

For a complete list of videos, visit our video library