Global Business

multinational company is a business with a head office in one country and branches or factories in a number of other countries

• True

• False

Which of these is not a reason for the Development of Multinational Companies (MNCs)

• spread their risk

• to increase sales and profits

• overcoming trade barriers

• reduction in staff employed

Why do MNC's choose Ireland?

• Grants

• Low Corporation Tax

• EU Member

• All of the above

What is Corporation Tax?

• A tax on a firms profits

• A tax on a firms sales

• A tax on a employees profits

Irelands rate of Corporation Tax

• 11.5%

• 10%

• 9%

• 12.5%

MNC's are good for Ireland as they create employment and bring new tech to the country.

• True

• False

Which is not a disadvantage of MNC's coming to Ireland

• Over reliance

• Tax Heaven

• Indigenous firms competition

• Up skilling Workers

CIM stands for...

• Computer-aided Manufacture

• Computer-Integrated Manufacturing

• Computer-aided Design

• Computer-Interfaced Manufacturing

CAD stands for...

• Computer-aided Dysfunction

• Computer-Integrated Manufacturing

• Computer-aided Design

• Computer-Interfaced Manufacturing

CAM stands for...

• Computer-aided Manufacture

• Computer-Integrated Manufacturing

• Computer-aided Design

• None of the above