Multinational Company (MNC)
(i) Name one multinational company operating in Ireland - Leaving Cert Geography - Question 7B - 2021
Question 7B
Multinational Company (MNC)
(i) Name one multinational company operating in Ireland.
(ii) Name one raw material used by this multinational company and name the cou... show full transcript
Worked Solution & Example Answer:Multinational Company (MNC)
(i) Name one multinational company operating in Ireland - Leaving Cert Geography - Question 7B - 2021
Step 1
Name one multinational company operating in Ireland.
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Answer
One notable multinational company operating in Ireland is Apple Inc. The company has a significant presence in the country, employing thousands and contributing to the local economy.
Step 2
Name one raw material used by this multinational company and name the country from which this raw material is sourced.
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Answer
Apple Inc. uses aluminum as a raw material for its products. The primary source of aluminum for Apple is Australia.
Step 3
Name one product manufactured by this multinational company.
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Answer
A well-known product manufactured by Apple Inc. is the iPhone.
Step 4
State where this multinational company is located in Ireland and explain in detail why it set up at this location.
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Answer
Apple Inc. is located in Cork, Ireland. The company established its European headquarters there due to several strategic advantages. Firstly, Ireland's favorable corporate tax rate attracts many multinational corporations seeking to minimize their tax burdens. Secondly, Cork offers access to a skilled workforce, particularly in technology and engineering. The location also provides logistical advantages, with proximity to European markets and strong transportation links. Finally, Ireland's membership in the EU facilitates easier access to other European Union countries, enhancing Apple’s operational efficiency.
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