Critically assess

Critically assess the changing relationships between TNC’s and nation states, comparing their respective roles, objectives, flexibility and power.

1. The growth of the global economy
– What is meant by the term ‘globalisation’
– The role of technology

2.The nature and purpose of the nation state
– Ways in which the nation state can achieve its objectives
– Examples of successful (e.g.Singapore) and failed states (Somalia)

3.The nature and purpose of the TNC
– How specifically a TNC combines aspects of global, Multinational and International companies (and possible examples)

4. The relationship between the state and the TNC
– Include conflicting and complementary objectives
– Ways in which the state/TNC each seek to achieve their objectives
– The impacts of globalisation on the State and the TNC
– Examples of the tensions between the State and the TNC
(e.g. in the UK Ford, Amazon, Google, Starbucks)

5. Influences affecting the actions of the State and the TNC
– Role of Global institutions (e.g. WTO)
– Role of C.S.O’s
– The growing significance of Corporate Social Responsibility

Notes:

1. The purpose of the essay is to ascertain how companies may best be structured and organised to conduct international business activities
2. Your work should evidence a clear understanding of the respective nature and roles of TNC’s and Nation states and the tensions that exist in their respective powers, influence and operations.
3. You should display evidence of current debates and also consider the changing contours of global business practice in coming years.
4. You should also make reference to the role and influence of global institutions (such as WTO and the World Bank ) and C.S.O’s.
5. Your work should evidence an understanding of Institutional Governance and C.S.R.
6. You will be marked on your argument and on the quality of supporting evidence and examples, not on your opinion which may be freely expressed, but should be justified in your discussion.

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