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Advantages of corporation include protected assets and heightened credibility. Disadvantages include loss of a personal touch, and ongoing expenses.
A transnational, or multinational, corporation has its headquarters in one country and operates in one or more other countries
A transnational corporation usually has locations and employees in different countries. The corporation also generally pays taxes in different countries.
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An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.
A Transnational corporation is a corporation that is internationally based that does not have a home base. They are like multinational corporations but they are without specific international identities.
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A huge company that carries out business in a number of different countries is known as a transnational corporation or TNC. Examples of Transnational companies include BP-Amoco, Unilever and Cadbury-Schweppes.
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly