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4.3.4 - Global industries and companies

Syllabus
2017
Topic
4.3.4
Level
A2

a - MNC impact on local economy

Analyse MNC impacts on local labour, wages, working conditions, job creation, local businesses, local communities and the environment.

Use a - mnc impact on local economy to connect the rule to the data and decision in the question.

This matters because a - mnc impact on local economy determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - mnc impact on local economy to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - MNC impact on local economy is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - MNC impact on national economy

Analyse MNC impacts on economic growth, FDI flows, balance of payments, technology transfer, skills transfer, consumers, business culture and tax revenues.

Use b - mnc impact on national economy to connect the rule to the data and decision in the question.

This matters because b - mnc impact on national economy determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - mnc impact on national economy to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - MNC impact on national economy is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Stakeholder conflicts

Analyse stakeholder conflicts in international business ethics.

Use a - stakeholder conflicts to connect the rule to the data and decision in the question.

This matters because a - stakeholder conflicts determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - stakeholder conflicts to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Stakeholder conflicts is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Environmental considerations

Evaluate emissions, waste disposal and sustainability.

Use b - environmental considerations to connect the rule to the data and decision in the question.

This matters because b - environmental considerations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - environmental considerations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Environmental considerations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Supply chain considerations

Evaluate pay, working conditions, labour exploitation and child labour.

Use c - supply chain considerations to connect the rule to the data and decision in the question.

This matters because c - supply chain considerations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - supply chain considerations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Supply chain considerations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Marketing considerations

Evaluate misleading product labelling and inappropriate marketing activities.

Use d - marketing considerations to connect the rule to the data and decision in the question.

This matters because d - marketing considerations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - marketing considerations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Marketing considerations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Controlling MNCs

Evaluate control of MNCs through MNC power, political influence, legal control, consumer pressure, pressure groups, social media and self-regulation.

Use a - controlling mncs to connect the rule to the data and decision in the question.

This matters because a - controlling mncs determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - controlling mncs to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Controlling MNCs is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Objective notes

7 learning objectives
ConceptA-Level Edexcel Business A2