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Company that operates in more than one country, whether it's manufacture, administration or retail
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∙ 12y ago
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Q1 Characteristics of MNCs TNCs 2.Differentiate between TNCs MNCs 3.Differentiate between micro risk macro risk 4. Mesntion atleast 5 largest financial market of the world?
Their characteristics lie in control. It is their ability to manage, control and develop strategies across borders that distinguish them from national corporations. The distinguishing characteristics of MNCs are (i) involvement in direct business activities abroad; and (ii) ownership and control of assets abroad (Ietto-Gillies, 2005).MNCs and TNCs are used interchangeably in international business. However, TNCs have a further implication of across borders, which is one of the characteristics of multinational corporations. The United Nations Conference on Trade and Development (UNCTAD) also used TNC rather than MNC.
What are some tncs?
BOOST
What role do TNCs play in the global economy?
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
Who created globalization?
tncs created globalization
Why TNCs have factories in poor countries?
the labour is cheeper
Why TNCs products are made in LEDC?
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Differences between mnc and inc?
diff.between mncs and tncs
Why are countries keen to welcome tncs to invest in their countries?
This is because countries would want part of the money earned by the TNCs . so countries would want this kinds of Big companies such as apple company to have a brunch in thier country. TNCs help in globalization so countries would be more connected to the outside world!
Should TNCs be allowed to use LEDCs to increase profit?
Yes and No
What can be done to make globalisation fairer?
To make globalisation fairer TNCs need to be less greedy and work with people like their workers, consumers and government. This would help by the TNCs realising how they influence countries and different people.
What are 3 of the trans national companies?
Ford, BP and McDonalds are just 3 of many TNCs
Why do Tncs locate in Ledcs?
Cos it's cheaper to make and also the wages are lower, so the profit they Tncs get are higher. people have to work more, but still get paid less, you either do the work you get, or you loss your job, so the profit and wages are all cheaper
