(c) Examine the article below about a multinational company moving the location of one of its factories and answer each of the following questions.: A multinational company, whose head office is in the USA, has decided to relocate one of their factories from Ireland to Vietnam in Asia. This will result in the loss of 400 jobs in the large Irish town where the factory is currently located. (i) Name one impact of the relocation mentioned in the article above. (ii) State one reason why a multinational company would decide to move a factory from a developed country, like Ireland, to a developing country, like Vietnam. (iii) How does this decision by the multinational company to move one of its factories to another country show that we live in a globalised and interconnected world?

An outside group wants to ensure jobs are not lost when a business moves to a new location overseas. The other group wants to shift the business to a location overseas because labour costs will decrease. This situation would be a conflict between:YOUR ANSWERYour Answerdirectors and supplierstrade unions and directorsgovernment and trade unionssuppliers and banks

A U.S. corporation relocating part of its workforce to another country to save on labor costs while continuing to produce the same goods and services is an example of which of the following?Multiple choice question.cultural lagglobalizationmaterial culturenonmaterial culture

Which of the following factors are determinants of Multinational-Enterprise (MNE) location and production choices?i). Profits: price per unit * quantity soldii). Factor advantages: comparative cost advantagesiii). Technology: plant level economies of scaleiv). Markets: internal market size; unique featuresa.ii,iii,ivb.i,iii,ivc.I,ii,iiid.i, ii, iv

Which of the following is not a criterion that influences manufacturing plant or warehouse facility location decisions?Question 26Answera.Gross national productb.Free trade zonesc.Suppliersd.Political riske.Total costs

Multinational companies (MNC) engaging in technological transfer may lead to gains elsewhere in the economy as (i) workers trained by the MNC move to other parts of the economy. (ii) the MNC offers jobs to locals boosting employment locally. (iii) other companies in the host county may be encouraged to use their methods. Which are of the above statements is/are correct? Multinational companies (MNC) engaging in technological transfer may lead to gains elsewhere in the economy as (i) workers trained by the MNC move to other parts of the economy. (ii) the MNC offers jobs to locals boosting employment locally. (iii) other companies in the host county may be encouraged to use their methods. Which are of the above statements is/are correct? Only (i) is correct Only (ii) is correct Both (i) and (iii) are correct Both (i) and (ii) are correct Only (iii) is correct