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Interconnections Flashcards | StudBud

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What is a multinational company

Explain cultural factors

Interconnections

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Geographies of interconnections

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Questions 7

Answers

1
Explain cultural factors
Similar background, interest and heritage
Place of employment
Events that happened in the past
Beliefs and the way the place makes them feek
2
What is a multinational company
Companies that operate in developing countries
Companies that have low labour costs
Companies that import and export goods
Companies that operate in more than one country
3
Identify a neg of global trade for individuals
People take advantage of cheap labour
Difficult to maintain quality control
Trigger a global financial crisis
Appalling conditions
4
Define global trade
Countries importing and others exporting
The import and export of goods and services
Countries engaging in free trade
Countries globally trading
5
Identity a positive of global trade for nations
Workers paid less
Maintain quality control
Cheaper products
Comparative advantage
6
Identify factors that connect us
disease
technology
currency
religion
7
Which is not an eg of connection to place
Economic
Spiritual
Personal
Cultural