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Multinational Company (MNC) (i) Name one multinational company located in Ireland that you have studied and name one product that it manufactures - Leaving Cert Geography - Question C - 2016
Question C
Multinational Company (MNC) (i) Name one multinational company located in Ireland that you have studied and name one product that it manufactures. (ii) State where... show full transcript
Worked Solution & Example Answer:Multinational Company (MNC) (i) Name one multinational company located in Ireland that you have studied and name one product that it manufactures - Leaving Cert Geography - Question C - 2016
Step 1
Step 2
State where this multinational company is located in Ireland and explain why it set up at this location.
Answer
Apple Inc. is located in Cork, Ireland. The company set up in this location due to tax incentives offered by the Irish government, which attract multinational corporations. Additionally, Cork has a skilled workforce, good infrastructure, and proximity to European markets, making it an ideal location for Apple's operations.
Step 3
Explain one reason why this multinational company might decide to locate to another country.
Answer
One reason Apple Inc. might decide to relocate to another country is the potential for lower labor costs. If a country offers a more cost-effective workforce, Apple may consider moving some operations there to increase profitability. This could also be influenced by changes in trade policies or tariffs that affect operating costs.