GEOG 202 Study Guide - Final Guide: Multinational Corporation, Creative Destruction, Corporate Social Responsibility
16 Aug 2017
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Note: this guide focuses on material from modules 5, 6, and 7. You are encouraged to also review material from earlier modules, as well as the previous two exams and the quizzes. A gpn is a circuit of interconnected functions, operations, and transactions through which a commodity, good, or service is produced, distributed, and consumed. Different parts of a gpn are grounded in different geographical locations. Essentially, globalization refers to the increasing interconnectivity of culture, politics, and (especially) economic activities between states. Tncs are firms with the power to coordinate and control operations in more than one country. Example: apple, general electric, honda: why might a firm become transnational, become tncs, to access assets (raw materials, cheap labor, educated or specialized work force, favorable regulatory regimes, logistics. Csr is the idea that corporations (especially tncs) should take voluntarily take responsibility for its effects on the environmental and social well being.
