2
Globalization of Business Structures: The Transnational Corporation
LEARNING OBJECTIVES
After going through this chapter, you should be able to:
Identify the players in the international business arena
List the basic features of a transnational corporation (TNC)
Distinguish between TNCs from developed and developing countries
Appreciate the role played by TNCs in the process of globalization
Measure the degree of internationalization of a TNC
Dragon TNCs
TNCs from developing countries (mainly from the Asia-Pacific region) which acquired an international presence in a fraction of the time taken by their predecessors from the developed world are known as dragon TNCs. Ispat (now Mittal Steel) is an Asia-Pacific TNC from a developing ...
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