Examine the table above showing the best performing multinational companies in the world in 2019 and answer each of the following questions. (i) Using graph paper, draw a suitable graph to illustrate this data. (ii) In your answer book, calculate the difference in market value (in $US billion) between the top ranked multinational company and the fifth ranked multinational company.

Leaving Cert Geography ECONOMIC - Multinationals & Globalisation: Examine the table above showing

Examine the table above showing the best performing multinational companies in the world in 2019 and answer each of the following questions - Leaving Cert Geography - Question 8A - 2020

Question 8A

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Examine the table above showing the best performing multinational companies in the world in 2019 and answer each of the following questions. (i) Using graph paper, ... show full transcript

Worked Solution & Example Answer:Examine the table above showing the best performing multinational companies in the world in 2019 and answer each of the following questions - Leaving Cert Geography - Question 8A - 2020

Step 1

Using graph paper, draw a suitable graph to illustrate this data.

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Answer

To illustrate the market values of the companies from the table, follow these steps:

Setup Graph: Use graph paper and ensure the graph has a clear title such as "Market Value of Best Performing Multinational Companies in 2019".
Label Axes:
- Horizontal Axis: Label this axis as "Companies" and ensure that it is centered. It will list the names of the companies: Apple, Microsoft, Amazon, Alphabet, and Berkshire Hathaway.
- Vertical Axis: Label this as "Market Value (SUS billion)". Ensure this is also centered on the graph.
Data Points: Mark each company's market value using a circle at the appropriate height on the vertical axis, based on their respective values:
- Apple: 960
- Microsoft: 950
- Amazon: 920
- Alphabet: 860
- Berkshire Hathaway: 520
Connect Data Points (If necessary): Depending on the type of graph you choose, consider connecting the points for clarity.
Add Legend: If different colors or styles are used, include a legend for clarity.

Your graph should clearly represent the data from the table, with all elements correctly labeled.

Step 2

In your answer book, calculate the difference in market value (in $US billion) between the top ranked multinational company and the fifth ranked multinational company.

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Answer

To find the difference in market value:

Identify Companies:
- Top Ranked: Apple with a market value of 960 SUS billion.
- Fifth Ranked: Berkshire Hathaway with a market value of 520 SUS billion.
Calculate the Difference:
- Use the formula:
$ext{Difference} = ext{Top Ranked Value} - ext{Fifth Ranked Value}$
- Plug in the values:
$ext{Difference} = 960 - 520 = 440 ext{ (SUS billion)}$

The difference in market value is 440 SUS billion.

Examine the table above showing the best performing multinational companies in the world in 2019 and answer each of the following questions - Leaving Cert Geography - Question 8A - 2020

Worked Solution & Example Answer:Examine the table above showing the best performing multinational companies in the world in 2019 and answer each of the following questions - Leaving Cert Geography - Question 8A - 2020

Using graph paper, draw a suitable graph to illustrate this data.

In your answer book, calculate the difference in market value (in $US billion) between the top ranked multinational company and the fifth ranked multinational company.

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