Thursday 16 October 2014

Rio Tinto, A Multinational Company

Questions at end of booklet:
1.a. A multinational company is a company which deals throughout the world.
B. TNC trans national corporation
c. Due to the ease of transport and modern technologies such as email.
2.It is a British and Australian company involved in locating, extracting and processing some of the Earths most valuable minerals, therefore it is in the primary sector.
3.a. The advantages can be bigger profits and more Jobs, disadvantages include tax evasion and making other smaller companies go out of business.
b. We could get a TNC to do it for us, and give people jobs and to pay tax.
4. N/A
5.  From USA and Mongolia.
6. N/A
7. The titanium oxide companies.
8. As a company Rio Tinto is aware of the need to ensure that its worldwide operations deliver 'best practice'. The aim is to ensure that any damaging social, economic and environmental effects as a result of exploitation of a mineral reserve anywhere in the world are kept to a minimum.
9. The company was formed in 1873 when a group of investors bought a mine complex at Rio Tinto in Huelva in the spanish province of Andalucia, to exploit its copper reserves, it now is a worldwide, highly renowned company making millions in profit a year.
10.

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