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Politics AOS1
Trans-National Corporations
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Cards (17)
Aim #1 of Meta
'To give people the
power
to build
community
and bring the world
closer together.'
Aim #
2
Maximise
profits
and to return
dividends
to shareholders
Role #1 of Meta
Supply
goods
and
services
to its
global
users
Examples of goods/services that Meta provides
Facebook
,
Instagram
,
Whatsapp
,
Workplace
,
Messenger
Trans-National Corporations
Where operations and investments extend beyond the boundaries of the state in which it is registered and can also be referred to as multinational
Role #2 of Meta
Provides
employments
opportunities
How does Meta provide employment opportunities?
As of
2023
Meta has reached a peak of
67,317
full-time employees
How many monthly active users does Facebook have?
2.9 billion
Which state uses Facebook the most?
India
,
330
million users
How many facebook employees?
75
thousand
How much have they recently generated in ad revenue?
32.1
billion
What is the facebook demographic?
Largest users are between
25
and
35
years old
Role #3 Meta
Actively engage in
foreign direct investment
(FDI) outside its 'home' state
META has offices in
80
+ cities worldwide
True
'TNC's are considered by some people as drivers of progress, skills and innovations.' How is this true for Meta?
2
Employees
build up skill-sets from
META
which can be used in other parts of economy
FDI
by
META
has the ability to
increase
the
level
of
economic development
in
host states
The
goods
and
services
that
META
offers represents
advancements
in
technological progress
Nov 2022, Meta announced how many jobs?
11
thousand
What is Foreign Direct Investments?
Land
purchases (Rent),
Infrastructure
Development