What is a TNC?A Transnational corporation are multi-business companies that operate in more than one country.
Transnational corporations (TNCs) have become an increasingly powerful part of the global economy. These companies are able to merge and acquire each other, to form larger entities which end up dominating (taking over) the international marketplace. Theses corporations have exceeded local, state and national boundaries, conducting business on global scales thus earning the name TRANSNATIONAL CORPORATIONS. While the aim of TNCs is to make a profit for their investors, they have also come to play a huge part in of our lives - the products we buy, the foods that are sold, the entertainment on offer and so on. Although it seems that the choice of products and services that we want to spend our money on has increased, in fact it can be said that this choice is being made for us by what a small number of giant companies decide to sell. |
Some examples of TNCs
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