Globalization of Business Structures: The Transnational Corporation


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 ...

Get International Business now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.