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.
TNCs — main goal?
Maximize profits and reduce costs.
Supply chains — flow?
Raw materials → Manufacturing → Distribution → Sale.
Cultural impact — examples?
English language, Western brands, media.
Environmental/social criticisms?
Pollution, inequality, tax avoidance, local economy weakening.
Pon a prueba tus conocimientos con 10 preguntas sobre British TNCs and Globalization.
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?
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