Advertisements
Advertisements
Question
Explain the correlation of the following statement.
Multinational Company and Transnational Company
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
Explain the co-relation between the following.
GATT and WTO
Identify the incorrect pair in the set and rewrite.
Complete the following concept picture map:
Briefly describe the changes that have taken place in the banking sector due to globalization.
Find the odd word out and rewrite:
In ____ GATT was replaced by WTO.
State the appropriate concept for the given statement:
International treaty (1995) regarding goods and services.
State the appropriate concept for the given statement:
A borderless company.
State whether the following statement is true or false with reason.
Capital investment is one-way process.
Explain the co-relationship between the following:
Globalisation and National economy
