TNCs geography AS
- Created by: scarlet parr
- Created on: 12-05-17 10:25
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- TNCs
- what are they?
- a company that operates in more than 2 countries with the HQ in the country of origin and manufacturing overseas
- GSK
- they are worth £77, 362 million
- the produce around 4 billions packs of medicine a year
- they produce drugs for both wealthy and poor countries
- British American Tobacco
- manufacture tobacco in 44 countries
- targeted india when 55,000 children start using tobacco each day
- in these african countries they have little education on the impacts of smoking
- sell single sticks in Africa that are often bought by children and bought instead of food
- patent drugs
- a company has the patent rights to that drug for 20 years and no other company can produce it without the patent permission
- this can lead to extremely high prices of the drug so the company can recoup the cost in terms of development and research
- after the patent expires generic versions can be produced by other countries which are cheaper
- what are they?
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