1. Which of the following best defines globalization?
2. Which British TNC is primarily involved in the oil and energy sector and is associated with major environmental concerns?
3. What is a primary goal of transnational corporations (TNCs) in the context of globalization?
Globalization — definition?
Interconnected world via flows of goods, capital, culture, technology.
Globalization — definition?
Increasing interconnectedness via flows of goods, capital, tech, culture.
British TNCs — examples?
BP, Shell, HSBC, Unilever, Vodafone.
British TNCs — examples?
BP, Shell, HSBC, Unilever, Vodafone.
TNCs — role?
Operate across multiple countries to maximize profits and reduce costs.
Historical legacy — Britain?
Empire and Commonwealth facilitated resource access and markets.
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