GLBL ST 1 Lecture Notes - Lecture 4: Foxconn, W. M. Keck Observatory, Franchising
Document Summary
*pg 119 market seeking attribute/ expand market shares . Gpns (global production networks) are both economic and political phenomena. Iphone is an example of a commodity chain- multiplying this by 1 m will show the complexities of the global network. Regulation of gpns are a political component; for the sake of the environment, labor, consumer, etc. Transnational corporation: a firm that operates in more than one country; mainly large corporations ex. ) a mom and pop store in tijuana and us could be a tnc ex. ) Exxon made huge money from oil whereas chevron has lost money from the oil crisis. To increase access to more labor, capital/ knowledge, or natural resources. There"s a geographical component to tncs- a lot of headquarters are on the west east coast as well as near the great lakes ex. ) Silicon valley has a lot of headquarters of tncs as well as southern california and that"s why these regions are so dynamic.
