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diff.between mncs and tncs
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.
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
They both view states as the most important actors. But neoliberalism argue that there are other actors which are important too, such as MNCs, TNCs, Intergovernmental and Non-governmental organizations. They both view anarchy as the structure of international politics.
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tncs created globalization
the labour is cheeper
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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!
Yes and No
So-called "footloose companies" including transnational corporations, are not dependent on or otherwise tied to a certain geographic location. Except where impractical due to the costs of shipping goods, they can relocate to countries where resources (including labor) are cheapest.
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.