Starter quiz
- Which of these is a global company?
- A local coffee shop in your town
- McDonald's ✓
- A family-run bakery
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- What is a downside of globalisation?
- Exploitation of workers and environmental damage ✓
- More travel between countries
- More cultural understanding
- Better quality products
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- Which of the following is an effect of globalisation?
- More isolated communities
- Fewer jobs available globally
- Increased cultural exchange and sharing ✓
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- Which of these is an example of globalisation?
- A company opening branches in multiple countries ✓
- People staying in one country their whole lives
- Local farmers only selling within their village
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- What is inequality?
- Equal distribution of wealth and resources
- The creation of businesses in all countries
- The uneven distribution of resources, wealth, and opportunities ✓
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- What is one of the effects of globalisation on global transport routes?
- More demand for faster and more efficient transport ✓
- The closure of all transport networks
- Decrease in the movement of people and goods
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Exit quiz
- What is a transnational corporation (TNC)?
- A company that operates only within one country
- A non-profit organisation
- A company that operates in multiple countries around the world ✓
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- Which of the following is an example of a transnational corporation?
- A small local bakery
- A family-owned shop
- McDonald’s ✓
- A village farmer
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- Which of the following is true about TNCs?
- TNCs can sell different products in different countries ✓
- TNCs must sell the same products in different countries
- TNCs only sell in one country
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- What is one of the main reasons why TNCs set up factories in developing countries?
- To raise wages in the home country
- To promote local culture
- To reduce the cost of production by using cheaper labour ✓
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Worksheet
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Lesson Details
Key learning points
- A transnational corporation is a company that can be found all over the world such as Nike and McDonalds.
- Transnational corporations can bring about glocalisation, where products and ideas are adapted to local cultures.
Common misconception
TNCs sell the same products in different countries.
TNCs can sell different products in different countries.
Keywords
Globalisation - the links and interdependencies between countries all around the world
Tnc - transnational corporations (TNCs) are large businesses that operate in at least two countries
Glocalisation - when TNCs adapt their product or service to suit the local market better
Culture - a way of life, customs and behaviours that a group of people share
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