Asked by Amber Schmader on Apr 29, 2024
Verified
Jared is a highly paid marketer for a large Canadian transnational company. The company also hires thousands of people in overseas factories for considerably lower pay than Jared makes. What are Jared and the other workers part of?
A) McDonaldization
B) labour transnationalism
C) regionalization
D) a global commodity chain
Transnational Company
A transnational company operates on a global scale, owning or controlling production or service facilities in one or more countries other than its home country.
Global Commodity Chain
A global system of manufacturing and distribution channels that a product navigates before being acquired by the end user.
Marketer
A person or company responsible for promoting and selling products or services.
- Gain insight into the functioning of global commodity chains and how they influence labor and production processes.
Verified Answer
SJ
somaya jannatMay 06, 2024
Final Answer :
D
Explanation :
Jared and the other workers are part of a global commodity chain, which refers to the worldwide network of production and distribution processes through which a product passes until it reaches the consumer. The scenario describes a situation where different parts of the production process are located in various countries, highlighting the global nature of the commodity chain.
Learning Objectives
- Gain insight into the functioning of global commodity chains and how they influence labor and production processes.