Write short notes Trans-National Corporations (TNCs).
Answers
Hey mate:-
Answer:-
it is an enterprise that undertakes foreign direct investment, owns or controls income-gathering assets in more than one country, produces goods or services outside its country of origin.
also known as multi national corporation(MNC).these are large businesses that operate in a number of countries.
The divisions of an organisation will often be located in countries with different characteristics:
The head office registered is usually in the country of origin, or a low business-tax country.
Research and Development (R&D) often takes place in countries with highly skilled scientists and engineers and with world-class universities.
Branch plants: manufacturing of components takes place where a reliable product can be efficiently produced without threats to long-term continuity.
Assembly will often occur close to the major market for the final product.
Sales, Marketing and Service: take place close to the main markets for the product.
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