Controlling MNC's

Cards (6)

  • factors to consider when controlling MNCs
    • political influence
    • pressure groups
    • social media
    • legal control
  • political influence
    the ability of MNCs to exert pressure on national or regional governments through lobbying in order to create favourable conditions for their businesses
  • pressure groups
    operate to influence company and public policy in the interest of a particular cause
  • legal control
    governments want to attract MNCs to help boost their economy, so creating legal control in areas relating to taxes and employment ensures stability for the MNC
  • social media
    can be used to spread awareness and promote the business on a global scale, but can also be used to expose unethical practices or negative public exposure from their stakeholders
  • anti competitive practices
    business practices that prevent or reduce the level of competition in a market