click below
click below
Normal Size Small Size show me how
The State in Busines
State Owned Companies, TNC's
| Term | Definition |
|---|---|
| Examples of State Owned Companies | CIE, Bord Gáis, Electric Ireland |
| Benefits of State Involvement | Increased Employment, Produces more vital services, Promotes development |
| Indigenous firm | Irish owned business |
| MNC's | Multinational Companies |
| Reasons the State want MNC's | Increased Revenue, Job Creation, Less Imports, Improved Commercial Life |
| Corporation Tax | Tax on a Companies profits, 12.5% |
| TNC | Transnational Companies |