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Multinational Company (i) Name one multinational company that you have studied and state where this multinational company is located in Ireland - Leaving Cert Geography - Question 9B - 2019
Question 9B
Multinational Company (i) Name one multinational company that you have studied and state where this multinational company is located in Ireland. (ii) Name one raw ... show full transcript
Worked Solution & Example Answer:Multinational Company (i) Name one multinational company that you have studied and state where this multinational company is located in Ireland - Leaving Cert Geography - Question 9B - 2019
Step 1
Step 2
Name one raw material required by this multinational company and name one product manufactured by this multinational company.
Answer
One raw material required by Google is silicon, which is used in the manufacturing of computer chips. A product manufactured by Google is the Google Pixel smartphone.
Step 3
Explain the advantages of being located in Ireland for this multinational company.
Answer
Being located in Ireland offers several advantages for Google:
- Favorable Tax Environment: Ireland has a low corporate tax rate compared to other EU countries, attracting multinational companies to establish their European headquarters here.
- Access to Skilled Workforce: Ireland boasts a highly educated and skilled workforce, particularly in technology and engineering fields, which supports Google’s operations and innovation.
- EU Market Access: Ireland's membership in the European Union allows Google easier access to the European market, facilitating trade and business operations.
Step 4
Explain one difficulty facing this multinational company in the future.
Answer
One difficulty facing Google in the future is regulatory scrutiny. As concerns about data privacy and monopoly power increase, Google may face stricter regulations from the EU and other governments, which could hinder its business operations and innovation.