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Multinational corporation(Redirected from Transnational corporation)
A multinational corporation (MNC) or multinational enterprise (MNE) or transnational corporation (TNC) is one that spans multiple nations; these corporations are often very large. Such companies have offices, factories or branch plants in different countries. They usually have a centralised head office where they coordinate global management. Very large multinationals have budgets that exceed those of many countries. They can be seen as a power in global politics. Multinationals often make use of subcontractors to produce certain goods for them. The first multinational, appearing in 1602, was the Dutch East India Company. Examples
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07-14-2008 23:18:10
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The contents of this article are licensed from Wikipedia.org under the GNU Free Documentation License. How to see transparent copy
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