Transnational Corporations are a type of Multi National Companies e.g., General Electric, Walmart, Nike etc. It is a borderless entity as it does not consider any particular country as it’s home base. Globalisation has led to many private sector companies expanding their area of operations in foreign lands. Due to globalisation traditional companies can now spread out their operations in many countries to sustain high levels of responsiveness to the local markets. Transnational Corporations (TNCs) try to make decisions from a global perspective rather than from one centralised base. Actions taken by TNC’s can help in better relationships between nations as well as in the spread of resources.
