As the company has prospered so it has turned it attentions to other minerals. Technology has also played a role, with the advent of online shopping. Over the last 10 years it has quadrupled its profits to become the UK’s leading retailer and a major TNC. They are so powerful, they can do almost what ever they like. At present there seems to be a uranium rush. Rio Tinto is a transnational Mining and resources group, founded in
Aside from agriculture, industry and domestic purposes there are also other strong motives for this:. They are so powerful, they can do almost what ever they like. It is interesting to note that over half of them are involved in the oil industry. If anything, it has increased the so-called development gap between the rich and poor nations of the world. Wages in factories are low, but so are living costs and many of Tesco’s overseas employees are shop managers who receive good wages.
It is interesting to note that over half of them are involved in the oil industry.
Geography Unit 1, Going Global Case Study 2 – Transnational Tesco | Note
Globalising its chain of supermarkets. Is Tesco exploiting people in Asia, or helping to spread wealth? No tags specified geography as level going global unit 1 case study globalisation tesco tncs.
Its networks of mines is now global in extent.
Transnational Corporations (TNC’s)
Mines produce huge amounts of waste and tailings. Disaster hotspots – the Georgaphy. They often ignore the environmental and social impacts of their investments.
Technology has also played a geograpjy, with the advent of online shopping. Once mining ceases huge holes remain. Created by Holly Lovering about 5 years ago.
Any investment can disappear as quickly as it came, if global or local economic conditions change. Aside from agriculture, industry and domestic purposes there are also other strong motives for this:. Rio Tinto provides a limited range of services for its workers and their gegoraphy.
Average hourly wages are only 50p in China and India, and even less in Sri Lanka, which explains why products can be sold so cheaply in the UK, driving up Sales and profits. The growth of globalisation has given rise to a major debate about its real benefits.
Tesco case study TNC – Revision Notes in A Level and IB Geography
To be close to major markets To sell inside trade barriers To take advantage of incentives offered by governments To be able to operate without too many restrictions. Health is one of these. The firm’s chief has acknowledged that ‘these issues are of growing importance to our customers. The working of the global economy involves a number of cawe players, that is organisations that have great power and influence. The production chains of these and other TNCs connect across the globe, kitting together the countries of the world into a network of interdependence.
From a single supermarket inTesco now has over stores and employs around people. Over the last 10 years it has quadrupled its profits to become the UK’s leading retailer and a major TNC. Case study taken from the Edexcel AS Geography textbook, with some added information.
Note by Holly Loveringcreated about 5 years ago. Low-cost items like this are sourced via Teso agents in Hong Kong, which use suppliers in China, Thailand, Mauritius, Bangladesh, Sri Lanka and India where Shivam, a garment manufacturer based in Fairidabad, produces clothes for the supermarket chain.
It is situated close to geographyy seaside town of Swakopmund.
Currently it is ranked 50th in the global league table. These jobs mean tax income for the Namibia government.
Tesco case study TNC
Wages in factories are low, but so are living costs and many of Tesco’s overseas employees are shop managers who receive good wages. At first, it concentrated its efforts on sttudy mining of copper.
It is sound business sense.