Multinational Corporations

What are multinational corporations?

• Private companies that operate in many nations

• Government-owned companies that operate in many nations

• Private companies that operate in one nation

• Government-owned companies that operate in one nation

What is the value of Nestlé in 2020?

• 350 billion dollars

• 87 billion dollars

• 2 trillion dollars

• Unknown

What is the value of Shell?

• 350 billion dollars

• 87 billion dollars

• 2 trillion dollars

• Unknown

What is the value of Apple?

• 350 billion dollars

• 87 billion dollars

• 2 trillion dollars

• Unknown

What factors have contributed to the growth of multinational corporations?

• The internet and investment from around the world

• The internet and economic output of countries

• China and investment from around the world

• China and economic output of countries

How does the law need to develop to set basic standards for multinational corporations?

• By establishing international bodies to regulate them

• By relying on individual countries to enforce norms

• By imposing obligations on companies through treaties

• By requiring companies to follow international human rights laws

What is Corporate Social Responsibility (CSR)?

• The legal agreement made by clothing manufacturers

• The practices or policies that do good in the world

• The enforcement of international human rights laws

• The responsibility of individual states to police corporations

What was the Rana Plaza incident?

• The collapse of a building in Bangladesh

• The legal agreement made by clothing manufacturers

• The establishment of guiding principles on business and human rights

• The improvement of safety in factories in Bangladesh

How are multinational corporations controlled by the law?

• Through international bodies that regulate them

• Through the enforcement of international human rights laws

• Through the legal action taken by individual countries

• Through the implementation of Corporate Social Responsibility

What is the role of individual countries in enforcing international laws on multinational corporations?

• They have no role in enforcing international laws

• They rely on international bodies to enforce the laws

• They establish rules and take legal action against companies

• They follow the domestic laws of the companies' states