Author Question: Explain, with an example, what a multinational corporation is. How are multinational corporations ... (Read 288 times)

naturalchemist

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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

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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.



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