MNC Task by Julia Ziskos https://padlet.com/073851107/sqk7oydrxogd Julia Ziskos en-us 2019-07-19 16:08:22 UTC 2019-07-22 03:22:46 UTC hello@padlet.com Harmful 073851107 https://padlet.com/073851107/sqk7oydrxogd/wish/371786028 I think multinational corporations are harmful for developing countries. because: multinational corporations can use their structure to form monopolistic markets, multinational corporations often take advantage of the international standard of living and, multinational corporations can cause harm to the environment.]]> 2019-07-21 10:29:53 UTC https://padlet.com/073851107/sqk7oydrxogd/wish/371786028 Using their structure to form monopolistic markets 073851107 https://padlet.com/073851107/sqk7oydrxogd/wish/371786112 Most countries treat the assets of a multinational corporation as an independent structure, instead of looking at the hierarchy of the business for what it tends to be. This disadvantage allows each firm to have more flexibility in how they handle the local marketplace with their presence.

When these structures are present and treated in this way, then the benefits of scale allow the multinational corporation to price everyone out of the market.
]]> 2019-07-21 10:33:41 UTC https://padlet.com/073851107/sqk7oydrxogd/wish/371786112 Taking advantage of the international standard of living 073851107 https://padlet.com/073851107/sqk7oydrxogd/wish/371786168 Many states in the U.S. are approaching or exceeding $12 per hour for their minimum wage. Several of the 2020 Presidential candidates for the Democratic party are pushing for a $15 per hour minimum wage. The goal of this legislation is to provide a “living salary’ for workers, but it is also an effort that encourages more offshoring.

The minimum wage in China is the equivalent of less than $1 per hour and some African countries have a minimum wage that pays workers less than a nickel per hour for the work that they do. With that kind of income, they would never reach a certain standard of living and would not develop into better countries.
]]> 2019-07-21 10:36:00 UTC https://padlet.com/073851107/sqk7oydrxogd/wish/371786168 Harmful to the environment 073851107 https://padlet.com/073851107/sqk7oydrxogd/wish/371786226 Most developing countries do not have the same level of regulation and oversight that the developed world keeps to protect the environment. When these firms decide to do business in the international market, they are subject to local laws when working to obtain raw materials.

Smaller, less developed governments often trade an increase in revenues for access to their natural resources. The lower standards create better pricing structures for each customer, but it also creates environmental damage that could have future generations paying the price for today’s decisions. 
]]> 2019-07-21 10:39:17 UTC https://padlet.com/073851107/sqk7oydrxogd/wish/371786226 Making connections 073851107 https://padlet.com/073851107/sqk7oydrxogd/wish/371843383 Although there are a number of advantages, I still believe that the disadvantages power over them because even though multinational corporations could be amazing and have many benefits for developing countries, its still the small risks that are always there and could easily harm the environments in different ways.]]> 2019-07-22 03:02:58 UTC https://padlet.com/073851107/sqk7oydrxogd/wish/371843383