UNIT 3 AOS 1 Transnational Corporation (TNC) Flashcards

1
Q

Transnational Corporation

A

A transnational corporation is a company whose operations extend beyond the borders of the state in which it is registered

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2
Q

Aim of Apple INC (TNC)

A

Innovation and technological leadership

Market expansion and revenue growth

Corporate social responsibility

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3
Q

Role of Apple INC (TNC)

A

Product development and designs

Provide foreign Direct Investment (FDI). This is where a TNC wil produce goods and services in developed or developing states

Marketing and branding

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4
Q

Power of Apple INC (TNC)

A

Market dominance

Economic and political power

Intellectual property (copyright rules)

Financial resources

Regulatory compliance and lobbying (engaging in policymaking to benefit the interest of the company)

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