Advertisements
Advertisements
Question
Explain the correlation of the following statement.
Multinational Company and Transnational Company
Advertisements
Solution
While both multinational and transnational corporations operate globally, multinational corporations have a centralized global management system while transnational corporations do not have a centralized management system. For this reason, business decisions occur at different levels. This limits decisions that can be made by individual multinational corporations. Both, however, are major contributors to economic development through the provision of goods and services as well as employment creation.
RELATED QUESTIONS
Suggest the appropriate concept/word.
The international agency dealing with international trade.
The World Trade Organization was established in ______.
Complete the following concept picture map:
Write the following statement as True or False with reason.
The World Trade Organization imposed restrictions on imports of goods.
In ____ GATT was replaced by WTO.
State whether the following statement is true or false with reason.
Globalisation has not benefited the small farmers in India.
State whether the following statement is true or false with reason.
Investment in consumer goods industries is essential the economic development of India.
Express your opinion.
Globalisation is described as neo-colonialism. Discuss
What is a Transnational Corporation?
Unilever is a transnational company because _______.
