Marking Criteria – target that must be met
Introduction and Conclusion 20%: The introduction should be a brief overview of the essay indicating the essay’s logical structure. There should be a balanced conclusion that ties together the main themes.
Theory and Literature 30%: Show that you read and understood the relevant literature
Analysis 30%: Demonstrate that you can think critically and independently and offer your interpretation of the information and theories you discuss
Presentation 20%: Use academic English, paying attention to correct syntax, grammar and essay structure. Correctly use the Harvard referencing system
What are multinational corporations? Critically evaluate their role in economic and political globalisation. This is the essay question
Rough essay plan – I HAVE COVERED BOTH INTRO AND CONCLUSION PLEASE FOCUS ON OTHER PARTS.
Feel free to slightly stray from this plan it is just a basic blueprint as long as the content is relevant to the main question.
Introduction
Definition of multinational corporations (MNCs)
Preview of the essay’s focus on their role in economic and political globalization
Thesis statement: MNCs play a significant role in both economic and political globalization, but their impact is subject to debate and critical evaluation.
Paragraph 1. Understanding Multinational Corporations
Definition and characteristics of MNCs
Examples of prominent MNCs in various industries
Importance of MNCs in the global economy
Paragraph 2. Economic Globalization and MNCs
Positive impacts:
Job creation and economic growth in host countries
Transfer of technology and knowledge
Access to new markets for goods and services
Negative impacts:
Exploitation of cheap labor
Environmental degradation
Unequal distribution of profits
Case studies or examples illustrating these points
Paragraph 3. Political Globalization and MNCs
Positive impacts:
Promotion of diplomatic relations
Influence on policy-making for global issues
Pressure for better governance in host countries
Negative impacts:
Undermining national sovereignty
Lobbying power influencing policies for corporate interests
Contributing to global wealth inequality
Case studies or examples to support these arguments
Paragraph 4. Critically Evaluating MNCs’ Role
Discussion on conflicting perspectives:
Neoliberal view: MNCs as agents of progress and development
Critical perspective: MNCs as drivers of inequality and exploitation
Consideration of ethical implications: Corporate social responsibility (CSR) efforts and their effectiveness
Comparison of MNCs’ promises with their actual practices
Paragraph 5. Challenges and Controversies
Tax avoidance and profit shifting
Labor rights violations and sweatshops
Environmental degradation and sustainability concerns
Regulatory challenges and the need for global governance
Conclusion
Recap of MNCs’ dual role in economic and political globalization
Reiteration of the importance of critical evaluation
Call for balanced policies to harness benefits while mitigating drawbacks
Final thoughts on the future of MNCs in a globalized world