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Name one multinational company located in Ireland that you have studied and name one product that it manufactures - Leaving Cert Geography - Question 9B - 2020
Question 9B
Name one multinational company located in Ireland that you have studied and name one product that it manufactures. State where this multinational company is located... show full transcript
Worked Solution & Example Answer:Name one multinational company located in Ireland that you have studied and name one product that it manufactures - Leaving Cert Geography - Question 9B - 2020
Step 1
Step 2
State where this multinational company is located in Ireland and explain in detail why it set up at this location.
Answer
Apple's primary location in Ireland is in Cork. The company set up its operations in Cork due to several factors:
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Access to Talent: Cork has a strong educational framework, providing a skilled workforce, particularly in engineering and technology, which aligns with Apple's operational needs.
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Tax Incentives: The Irish government offers attractive corporate tax rates and incentives, encouraging multinational companies like Apple to establish their European headquarters in the country.
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Proximity to Markets: Being situated in Ireland provides easy access to the European market, allowing Apple to efficiently distribute its products across EU countries.
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Established Infrastructure: The existing infrastructure in terms of logistics, transportation, and communication facilities supports the company's operational requirements.
Step 3
Explain one reason why this multinational company might decide to locate to another country.
Answer
One reason Apple might decide to relocate to another country is due to potential changes in tax policies. For instance, if the corporate tax rates in Ireland were to increase or if there were stricter regulations imposed on multinational firms, it could lead Apple to consider moving its operations to a country with more favorable tax laws.