If your are from the 8.1 class then here it is - A transnational, or multinational, corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in one or more other countries. The subsidiaries report to the central headquarters. The growth in the number and size of transnational corporations since the 1950s has generated controversy because of their economic and political power and the mobility and complexity of their operations. Some critics argue that transnational corporations exhibit no loyalty to the countries in which they are incorporated but act solely in their own best interests.
Yours Sincerely-
Richard
BOOST
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
tncs created globalization
the labour is cheeper
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diff.between mncs and tncs
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
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.
Ford, BP and McDonalds are just 3 of many TNCs
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
Potatos are grown in large numbers in Britain and Ireland