transnational
Transnational
Transnational
the difference between global and international strategy
The process of creating a global economy through transnational markets and political and legal systems
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.
neither, it's a communal geocentric corporation
Boeing
* INTERNATIONAL FIRM - simply do import and export - operates in foreign countries through licensing and franchising - managed by nationals of home country - concentrates in some countries or regions * GLOBAL FIRM - invests and is present in many countries - has affiliates, subsidiaries and branches in many countries - draws resources such as labor,capital and materials from a global pool - pursues global business strategy. * An International firm can become a global firm by pursuing global business strategy
The Americain Company Boeing.
A transnational firm might adopt a matrix organizational architecture to reduce costs of control by enabling flexibility and responsiveness across its global operations. This structure allows for dual reporting relationships, balancing global integration with local responsiveness, thus facilitating efficient resource allocation and decision-making. By leveraging cross-functional teams, the firm can enhance collaboration and knowledge sharing while minimizing redundant oversight, ultimately lowering control costs. Additionally, empowering local managers with decision-making authority can streamline operations and reduce the need for extensive centralized control mechanisms.
The private equity firm Apollo Global Management was founded in 1990. You can get more information about the Apollo Global Management firm at the Wikipedia.
trolol