• What: Understand what a TNC is and how it influences global industry

• How: By critically analysing resources to evaluate positive and negative impacts of TNC’s

• Why: So I have a higher level theoretical understanding before I answer a case study question for my formative assessment 2

Big Picture: What are the advantages and disadvantages of TNCs?

http://www.youtube.com/watch?v=7I0ew0_ZeKc

• Watch the video clip to discover what a TNC is.

• In no more than 30 words write your own definition of this key term.

Extension clip: • http://www.youtube.com/watch?v=miGm045YHzE

Connect: What is a TNC?

You will do mini test on these in a moment so listen as your teacher explains…

Activate: What other key terms do I need to understand for today’s lesson?

• Trans-National Corporations (TNCs): a corporation or enterprise that operates in more than one country

• Multiplier effect: where initial investment and jobs lead to a knock-on effect, creating further jobs and providing money to generate services

• Leakage: where profits made by the company are taken out of the country to the country of origin and so do not benefit the host country

What other key terms do I need to understand for today’s lesson?

• Trans-National Corporations (TNCs):

• Multiplier effect:

• Leakage:

Now it’s your turn…define the key words.

• Trans-National Corporations (TNCs): a corporation or enterprise that operates in more than one country

• Multiplier effect: where initial investment and jobs lead to a knock-on effect, creating further jobs and providing money to generate services

• Leakage: where profits made by the company are taken out of the country to the country of origin and so do not benefit the host country

How did you get on? ?/3

• Multi-national or Trans-national companies are ones which locate their factories throughout the world.

• This gives them many benefits, such as access to the world market, cheap labour, cheaper production costs, and therefore greater profits.

• The headquarters of the company remains in its original country, usually one of the most developed countries in the world, such as the UK or USA. They then have factories throughout the world, which either make parts or entire finished products for the company to sell on the world market.

A little background reading…

• Most of the largest multi-national companies are oil companies such as BP, as well car companies (for example, Volkswagen).

• Multi-national companies locate around the world for their own benefit - in other words - to make as much money as possible. They bring with them both advantages and disadvantages for the country that plays host to them.

Demonstrate: The good, the bad and the ugly TNC!

• Read the information resource on TNCs. Can you annotate your booklet to show if each impact is…

• Positive

• Negative

• Social

• Economical

• Environmental

Are all TNC’s good?

How might my resource booklet look?

TNCs help develop mineral wealth in countries that might not otherwise be able to capitalise on local resources

Positive

Economic

• http://profhistoirebaard.free.fr/SECTIONEURO/TERMINALE/Globalization/postive_negative_TNC.htm

How much have you learnt today?

Reflect: Quick Quiz!

TNC

• For your formative assessment 2 you will be answering a GCSE question about TNC case study.

• The case study we will focus on is Nike.

• Research the positives and negatives of Nike as a TNC before next lesson.

• The links on TGI space will help you

Homework: case study research