lesson 3, globalisation, tgaw

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lesson 3, globalisation, tgaw

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

    How: By critically analysing resources to evaluate positive and negative impacts of TNCs

    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 todays 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 todays lesson?

  • Trans-National Corporations (TNCs):

    Multiplier effect:

    Leakage:

    Now its your turndefine 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 TNCs 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