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!
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.
Transnational corporations (TNCs) may have factories in poor countries due to factors such as lower labor costs, access to raw materials, tax incentives, and less stringent regulations. This allows them to reduce production costs and increase profits. Additionally, setting up factories in these countries provides employment opportunities for the local population.
BOOST
Five countries that are home to a significant number of transnational corporations (TNCs) include the United States, Japan, Germany, the United Kingdom, and France. These nations host many of the world's largest and most influential corporations, benefiting from advanced infrastructure, strong economies, and favorable business environments. The concentration of TNCs in these countries reflects their global economic influence and innovation capabilities.
Transnational Corporations (TNCs) often manufacture products in Less Economically Developed Countries (LEDCs) due to lower labor costs, relaxed regulations, and access to raw materials. This helps TNCs reduce production expenses and increase profit margins. Additionally, LEDCs often offer tax incentives and subsidies to attract foreign investment and encourage economic growth.
TNCs impact on the economy by putting money into the the economy. Also showing the economic prosperity of the country
tncs created globalization
TNCs are both good and bad depending on how you view it. TNCs ( Transnational Corporations) do depend on LEDCs (Less Economically Developed Countries) because it costs less to pay the workers in a LEDC then a MEDC ( More Economically Developed Countries). Although a TNC does pay about next to nothing, it provides a person from a LEDC to acquire new skills and also earn some money whilst doing this. But, whilst working for a TNC, all the profits go back to the country the TNC originated from and also anything produced from the LEDC will get imported back to the originating country meaning the LEDC gains nothing in the process. TNCs do provide the LEDC new technology they would of had access to before but the TNC may leave the country anytime if cheaper labour is found meaning sudden unemployment. TNCs usually leave a LEDC full of pollution. From that, TNCs are both good and bad depending on how one views it.
diff.between mncs and tncs
Transnational corporations (TNCs) can have both positive and negative impacts. On one hand, they can drive economic growth, create jobs, and foster innovation in developing countries. On the other hand, they may exploit labor, contribute to environmental degradation, and undermine local businesses. Ultimately, the effects of TNCs depend on their practices and the regulatory environments in which they operate.
Yes and No
Transnational corporations (TNCs) can pull out at any time due to factors such as changes in market conditions, strategic priorities, or government policies in the host country. TNCs often have the flexibility to adjust their operations based on these factors to protect their investments and interests. Additionally, TNCs may choose to withdraw if they find better opportunities elsewhere or if the operating environment becomes too risky or unstable.