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Multinational Company (MNC) (i) Name one multinational company located in Ireland that you have studied - Leaving Cert Geography - Question 9C - 2018

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Multinational Company (MNC) (i) Name one multinational company located in Ireland that you have studied. (ii) State where this multinational company is located in ... show full transcript

Worked Solution & Example Answer:Multinational Company (MNC) (i) Name one multinational company located in Ireland that you have studied - Leaving Cert Geography - Question 9C - 2018

Step 1

Name one multinational company located in Ireland that you have studied.

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Answer

One multinational company located in Ireland is Google. Google has established itself as a significant player in the tech industry and contributes to the local economy.

Step 2

State where this multinational company is located in Ireland.

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Answer

Google's main offices are located in Dublin, Ireland. Dublin is known as a hub for many technology firms, attracting a skilled workforce.

Step 3

Name two markets outside Ireland where this multinational company sells its products.

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Answer

Two markets outside Ireland where Google sells its products are the United States and the United Kingdom. In these markets, Google offers various services including online advertising and cloud solutions.

Step 4

Explain why this multinational company may decide to relocate to another country.

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Answer

A multinational company like Google may decide to relocate for several reasons:

  1. Tax Incentives: Countries with favorable tax regimes can significantly reduce operational costs.
  2. Access to Talent: A company may choose to relocate to regions with a higher availability of specialized skills or talent pools.
  3. Market Access: Entering new markets by relocating can help a company tap into new customer bases and improve sales.
  4. Regulatory Environment: A more favorable regulatory climate can ease business operations and reduce compliance costs.
  5. Cost of Operations: Lower living and operational costs in other countries might attract companies seeking to enhance profit margins.
  6. Innovation Hubs: Being closer to technology and innovation centers can bolster a company's ability to innovate and stay competitive.

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