What do you mean by transnational corporations?
A transnational corporation (TNC) is a huge company that does business in several countries. Many TNCs are much richer than entire countries in the less developed world. Such companies can provide work and enrich a country’s economy – or some say they can exploit the workers with low pay and destroy the environment.Click to see…
A transnational corporation (TNC) is a huge company that does business in several countries. Many TNCs are much richer than entire countries in the less developed world. Such companies can provide work and enrich a country’s economy – or some say they can exploit the workers with low pay and destroy the environment.Click to see full answer. Similarly, what are examples of transnational corporations?Perhaps some companies that you may do business with frequently fall within this category. These corporations include Walmart, Honda, Nike, and Coca-Cola, to name a few.Furthermore, which company is a transnational company? These days, Unilever is often described as one of the foremost transnational companies. Yet our organization of diverse operations around the world is not the outcome of a conscious effort to become what is now known among academics as a transnational. Then, what is the goal of a transnational corporation? This process requires large investments in research and development. A central goal of a multinational corporation is to remain more innovative than its competitors, and to anticipate what products will be most profitable in the coming years. The corporation must then get that product into the market.Is Coca Cola a transnational corporation? Coca-Cola and Globalisation Most Coca-Cola products are produced outside of North America. Like many other transnational corporations, Coca-Cola takes advantage of low worker wages in developing countries. Little of the profit made by Coca-Cola actually stays in a developing country.
