This document discusses several multinational corporations (MNCs) and their operations in less developed countries (LDCs). It describes The Body Shop, a British cosmetics company founded in 1976 that opposes animal testing and supports fair trade. It also describes Foxconn, a Taiwanese electronics manufacturer founded in 1974 that produces products for companies like Apple and contracts manufacturing out to various countries. The document outlines how these MNCs provide education through school supplies, meals, uniforms and tuition funding. It also discusses healthcare provided by MNCs through clean water projects and health clinic construction. The conclusion states that MNCs can help growth and development in LDCs by providing benefits like healthcare, education, and training, while also

1. FDI
DEFINITIONS
MNC OR MNE
OLIGOPOLY

2. INTRODUCTION

3. FAIRTRADE – Working to secure
better agreements for farmers in
LDCs

4.  A British MNC founded in 1976
 Differs from other multinational cosmetics
companies mostly because of morals and ethics
 E.g. oppose animal testing and believe in fair
trade
The body shop
-
A moral based cosmetics MNC

5. Arguably the greatest partner of global computer and
communication firms
 Multinational electronics contract manufacturing
company
 Founded by Mr. Terry Gou in 1974
 Produce for various companies such as: Sony, Apple,
Nokia, and HP.
Hon Wai Precision Industry co. - Foxconn

6. MNCs PROVIDING EDUCATION
 Fairtrade provides school
supplies, school meals,
uniforms and tuitions for
children in LDCs
 Foxconn also has a public
school system in he
Longhua Sci. and Tech.
park
 “Dragon Fruit Lip
Butter”, Body shops
project helped to provide
education in Kuwait

7. Training in MNCs
FOXCONN

FAIRTRADE



8. Healthcare provided by MNCs
 Nicaragua- Sesame oil
supplied: With he
Brigido Co-Operative in
the country, they have set
out a clean water
supplying project.
 Tungteiya Women’s Shea
Butter Association-
Construction of 17 major
health clinics in poor
African rural areas.
 As plant locations have
spread out throughout
inland China, young
workers are selectively
placed close to their
home area in order to
maintain a stable

9. CONCLUSION
 MNCs can indeed also help growth and development in LDCs, not only
cause exploitation of cheap labor and natural resources
 Many MNCs provide various benefits for their employees, as mentioned
before, healthcare, education and training
 MNCs often pay above the local average wage, thus benefitting the society
in the LDC