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    Impact of Transnational Corporations

    A transnational corporation (TNC) is a firm that has the power to coordinate and control operations in more than one country, even if it does not own them. There has been a movement of industrial activity from Developed Countries (DCs) to Less Developed Countries, due to the lower production costs in LDCs, allowing TNCs to […] More

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    Transnational Strategy

    What is transnational strategy? A coordinated approach to internationalization in which the firm strives to be more responsive to local needs while retaining suffcient central control of operations to ensure efficiency and learning. Further, the transnational strategy combines the major strengths of both multi-domestic and global strategies while minimizing their disadvantages. Transnational strategy implies a […] More