TNC's- Case study

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Adam Collinge
Flashcards by Adam Collinge, updated more than 1 year ago
Adam Collinge
Created by Adam Collinge about 10 years ago
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Question Answer
How many stores does Walmart own? How many people does it employ? 8000 stores and 2 million people
When did Walmart first open? 1962
Give five positive effects Walmart has 1) Creates a lot of jobs 2) local companies and farmers supply goods to walmart 3) It offers more skilled jobs in LEDC's 4) Donates hundreds of millions of dollars to improve health and the environment in countries where its based 5) it invests in sustainable development
What did Walmart do in Argentina in 2008? What did this lead to? Opened three new stores, creating 450 jobs
Give an example of how walmart offers more skilled jobs in poorer countries Stores in China are managed by local people
Give an example on how walmart stores invest money in sustainable development In Puerto Rico 23 stores are having solar panels fitted
Give four negative effect of Walmart 1) Some companies that supply Walmart have long working hours 2) Not all Walmart workers are paid the same wages 3) Some Walmart stores have forces independent shops to close down as they couldn't compete with W.'s low prices 4) They can cause environmental problems
Give an example of not all Walmart workers being paid the same Factory workers in USA earn $6 per hour but in China it's less than $1 per hour
Give an example of some companies that supply Walmart having longer working hours Beximco in Bangladesh supplies clothing. Bangladesh has a maximum 60 hour week but some workers work 80 hours per week
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