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POLSCI 2J03 Lecture Notes - Technological Change, Business Studies, List Of Sovereign States By Suicide Rate


Department
Political Science
Course Code
POLSCI 2J03
Professor
Robert O' Brien

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Started on: 02/03/2014
CLASS NOTES FOR: POLI SCI 2J03
McMaster University, Fall 2013
MONDAY, FEBRUARY 3, Y
TNCs
Vertical and Horizontal integration
VERTICAL  Owning share of mines, parts of the tire making
HORIZONTAL  Manufacturing in various parts of the world
Toyota Company in Cambridge
- Tariffs
- Shipping costs and manufacturing costs
- Access the Canadian or the United States Market - Good corporate citizens as creating good jobs
for self-marketing campaigns.
What is the structure of the Multinational  Is it vertical or horizontal and how does this affect what they
do?
Conglomerate
- Some companies that produce a large number of products
- Adopting strategies so that we can diversify the risks
- Example in the production of Lipton and Knorrs soup
- If there is ever an issue in one category then we still have the sale in another category
- Allows for diversification in a range of products.
Commodity chains
- The lifecycle of a commodity or product
- Following the product all of the way through from the raw materials to the sale of it
- Recycling part of it even can be traced
- From design to natural resources to production to shipping to retail to disposal
- Benetton & Nike  Marketing
- What is the most profitable part of the value chain?
oThe value chain reveals how people are linked to products
oSuicide rate at foxcon factories (Apple products)
oHighlights struggle over value (value chain)
Lets us see where it is taking place
- Some corporations have values larger than what is produced in some countries
oIn terms of mobilizing economic resources, these companies are particularly significant
oHeadquarters of the top 500 global firms
oMost significant Fortune 500 companies
oConcentration of companies in the United States and in Eastern Europe
oCorporations are geographically and nationally concentrated
Countries with top 500 companies
- Top companies include the OECD
- US, JAPAN, France, Germany, Britain, China
Angie © McMaster University
Fall 2014
1
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