Question

What does TNC stand for in terms of Globalisation?

Answer 1

TNC stands for Transnational Company which is often called as multinational company.

Hope it was helpful

Answer 2

Transnational corporations. TNCs or multinational corporations (MNCs) are companies that operate in more than one country. They often have factories in countries that are not as economically developed because labour is cheaper. Offices and headquarters tend to be located in the more developed world.