neither, it's a communal geocentric corporation
Nike sports company is a global company/transnational corporation
A transnational corporation is a large company that operates in multiple countries, with business activities and assets in various locations around the world. These corporations often have a globalized approach to production, marketing, and sales, and play a significant role in the international economy and global trade.
The transnational MNC (Multinational Corporation) structure is a debated topic. Firstly, there is some doubt as to whether any business really have this structure.Simply put (if that is possible), the transnational structure is a combination of the "Multi-Domestic" and the "Global" MNC. Instead of focusing on centralized production and economies of scale (global integration of operations) as in the "Global" MNC, or on local responsiveness as in the "Multi-Domestic" MNC, the "Transnational" MNC strives to do both.
transnational
One example of a transnational corporation is Coca-Cola. Coca-Cola operates in over 200 countries worldwide, with production facilities, distribution networks, and marketing efforts that span across borders. The company's products are tailored to local tastes and preferences, demonstrating its global reach and presence.
Transnational
Transnational
FDI (Foreign Direct Investment) refers to an investment abroad, usually where the company being invested in is controlled by the foreign corporation. For example, an American company taking a majority stake in a company in China. But a TNC (Transnational Corporation) is a corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they co-ordinate global management.
stage 1 domestic company stage 2 international company :where it adopts international strategies Stage 3 multinational company stage 4 global company stage 5 transnational company
the difference between global and international strategy
stage 1 domestic company stage 2 international company :where it adopts international strategies Stage 3 multinational company stage 4 global company stage 5 transnational company
The process of creating a global economy through transnational markets and political and legal systems