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Words: 1,236 | Submitted: Tue Dec 18 2007
... McDonald's are another example of a multinational company because they have over 30,000 stores in over 110 different countries MEDC's and LEDC's A MEDC is a more economically developed country which means it has more money and richer industries and a better way of life. A LEDC is a less economically developed country which means it is less developed, has less money, big business move there to build factories there because of the cheap land and the cheaper wages. Reasons for relocating Big companies like Nike and McDonalds have various reasons for relocating to LEDC's. For example Nike relocated to china because in China the minimum wage is a lot lower than in America or Europe. In China Nike pay out wages of $1.60 a day which is unfair on the workers because to get three meals per day it costs $2.10 and these meals aren't exactly decent quality or have good ...
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