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
TNC in geography means Trans-national company
Apple is considered a Transnational Corporation (TNC) because it operates in multiple countries, integrating its production, marketing, and sales across global markets. The company designs its products in the U.S. while manufacturing components in various countries, such as China, and selling them worldwide. This global presence allows Apple to leverage cost efficiencies, access diverse markets, and respond to local consumer demands while maintaining a cohesive brand identity. Additionally, its extensive supply chain and international workforce further illustrate its transnational nature.
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.
Transnational corporations play a significant role in globalization by expanding their operations across borders, integrating economies, transferring technology and knowledge, and fostering economic interconnectedness. They contribute to the flow of goods, services, and capital globally, impacting both local economies and global markets. However, they also face challenges related to ethical and social responsibilities, environmental sustainability, and uneven distribution of benefits.
Yes, Home Depot is considered a transnational company. While its primary operations are based in the United States, it has expanded its presence internationally, including locations in Canada and Mexico. Home Depot engages in global sourcing and adapts its strategies to meet local market demands, reflecting characteristics of transnational operations.