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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 established its operation in this location primarily due to several strategic advantages, including Ireland’s favorable corporate tax rates, access to a skilled workforce, and its membership in the European Union, which facilitates easier access to European markets.
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 could be the potential for lower operational costs. If another country offers significant reductions in labor costs or taxation incentives that outweigh the benefits of remaining in Ireland, the company may consider making the move.