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Multinational Company (MNC) (i) Name one multinational company located in Ireland - Leaving Cert Geography - Question B - 2015
Question B
Multinational Company (MNC) (i) Name one multinational company located in Ireland. (ii) Name one product manufactured by this multinational company and name one co... show full transcript
Worked Solution & Example Answer:Multinational Company (MNC) (i) Name one multinational company located in Ireland - Leaving Cert Geography - Question B - 2015
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State where this multinational company is located in Ireland and explain in detail why it set up at this location.
Answer
Google's European headquarters is located in Dublin, Ireland. The company chose this location for several reasons:
- Tax Incentives: Ireland offers competitive corporate tax rates, which is attractive for multinational companies looking to minimize tax liabilities.
- Skilled Workforce: The presence of a highly educated and skilled workforce, particularly in technology and digital sectors, helps companies like Google to recruit talent easily.
- Proximity to the European Market: Being situated in Dublin allows easy access to the European market, facilitating communication and operations with other European countries.
- Business Ecosystem: Ireland has established a strong tech ecosystem, with many other tech companies and startups, creating a collaborative environment that fosters innovation.
- English Language: As an English-speaking country within the European Union, Ireland presents minimal language barriers for businesses originating from English-speaking nations.