Trans-National Corporations

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