Controlling Multinational Corporations (MNCs) (Edexcel A-Level Business): Quizzes

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Controlling Multinational Corporations (MNCs)
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What does 'footloose' mean when describing MNCs?

They can relocate easily across borders

How many main approaches exist for controlling MNC behaviour?

Four

How many companies does China directly own or control?

Over 120 companies

What is the key difference between tax avoidance and tax evasion?

Avoidance is legal; evasion is illegal

Which UK body protects against unfair or anti-competitive practices?

Competition and Markets Authority

What is regulatory arbitrage?

Exploiting differences in countries' laws

Which method involves publicising unethical behaviour to damage a firm's reputation?

Naming and shaming

Why was Nestlé boycotted starting in 1977?

Marketing baby formula in poor countries

What is the main challenge when information goes 'viral' on social media?

Message control becomes impossible

What is a key drawback of state ownership of enterprises?

Misallocation of capital by politicians

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