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In the case of one multi-national company (MNC) that you have studied, examine the global nature of its activities. - Leaving Cert Geography - Question 1 - 2007

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In the case of one multi-national company (MNC) that you have studied, examine the global nature of its activities.

Worked Solution & Example Answer:In the case of one multi-national company (MNC) that you have studied, examine the global nature of its activities. - Leaving Cert Geography - Question 1 - 2007

Step 1

Naming MNC

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Answer

For this examination, I have chosen Apple Inc. as the multi-national company (MNC) under discussion.

Step 2

Naming two global locations

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Answer

Apple operates in numerous countries around the globe, including:

  1. United States - Home country where its headquarters is located in Cupertino, California.
  2. China - Major manufacturing hub and significant market for product sales.

Step 3

Examine the global nature of its activities

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Answer

Apple Inc. exemplifies the global nature of an MNC through various dimensions:

Global Supply Chain

Apple's supply chain involves sourcing parts and materials from different parts of the world, leveraging expertise and cost advantages from various countries. For example, components may be sourced from Japan, South Korea, and Germany, while assembly largely occurs in China.

Market Presence

With retail stores and online services available in over 500 locations worldwide, Apple generates a significant portion of its revenue from international markets. This global presence facilitates its ability to capture diverse customer bases.

Innovation and R&D

Apple invests heavily in research and development across various geographical locations, with offices in cities like London, Tokyo, and Bengaluru. This enables the company to tap into local talent and emerging market trends, reinforcing its innovative edge on a global scale.

Economic Impact

Moreover, Apple's operations have a considerable impact on local economies through job creation, tax revenue, and community investment initiatives. This interconnectedness of local and global factors highlights the global nature of Apple's activities and its role in the world economy.

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