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Transnational Corporations

            
             Transnational corporations (TNC) are large companies that operate in more than one country at a time for example Holden and Nike. Trans. corporations have become some of the most powerful economic entities in the world today. These corporations account for seventy percent of world trade. They have advantages and disadvantages and have a very significant impact on Australia and the Asia Pacific Region.
             TNCs offer advantages and disadvantages and are a very controversial issue. A disadvantage is that TNCs including Nike are exploiting cheap labour in third world countries such as Cambodia. These corporations will pay workers a few dollars a day and make excessive profits. Indonesian Nike employees will be paid only two dollars per day whilst Nike spend over twenty five million dollars promoting the Nike brand. The industries that TNCs control move around the world seeking low labour costs and so locate in cheap labour countries.
             One effect of the growth of TNCs is that it has greatly increased factory employment opportunities in countries such as Malaysia, Singapore and Indonesia. TNCs create much needed employment for local workers in third world countries including maintenance staff and workers. It has also resulted in the transfer of technology and technological skills. People begin to have the opportunity to use modern equipment and learn techniques of mass production and distribution and advance to service activities. Others see these developments as being exploitative, offering low wages and poor working conditions, while providing only minimal training.
             In recent years corporations have gained remarkable power. A disadvantage is that transnational corporations are becoming more productive and many have a total income greater than that of a whole country. For example when comparing the turnover and corporate sale of TNCs and countries, the economy of Toyota is bigger than Norway and Ford is bigger than South Africa.


Essays Related to Transnational Corporations

1. Legislation of the Farm Bill

By analyzing the newly enacted Farm Bill, I will address several important topics including transnationalism, hegemony, GMO's, labeling, pesticides, health and ethics. ... Why is government control backed by large, transnational, hegemonic corporations a bad thing? ... Cummins believes these transnational biotech corporations "own" life. ... (Cummins 2013) As we have learned previously in this course, countries around the world are taking action to combat the deadly dangers of pesticides used by hegemonic transnational corporations that control food. ... The negative impact of ...

  • Word Count: 2262
  • Approx Pages: 9
  • Has Bibliography
  • Grade Level: Undergraduate

2. Incidents of Tourism

The Effects of Globalization of Transnational Corporations and American Culture in Chiapas, the Yacatan, and the World By some kid from Minnesota who drives a minivan Throughout Clifford's essay, Incidents of Tourism in Chiapas & Yacatan, there are several hints referring to the globalization of American culture. ... Although Clifford realizes that globalization hurts the natives, his overall stance on globalization and transnational corporations is positive because they are very beneficial for the American tourists. ... McDonalds is another example of how a transnational corporation...

  • Word Count: 1588
  • Approx Pages: 6
  • Grade Level: High School

3. Incedents of tourism in Chipias and Yucatan

The Effects of Globalization of Transnational Corporations and American Culture in Chiapas, the Yacatan, and the World By some kid from Minnesota who drives a minivan Throughout Clifford's essay, Incidents of Tourism in Chiapas & Yacatan, there are several hints referring to the globalization of American culture. ... Although Clifford realizes that globalization hurts the natives, his overall stance on globalization and transnational corporations is positive because they are very beneficial for the American tourists. ... McDonalds is another example of how a transnational corporation...

  • Word Count: 1592
  • Approx Pages: 6
  • Grade Level: High School

4. With reference, why is globalisation a

The result of this is the emergence of transnational corporations or global companies which have utilised the ability to extend their business over the world. ... Because of globalisation, powerful transnational corporations can have negative effects on urban environments as they can cause extreme disruption to a country's economic and social plans. ... Local firms may be squeezed out of local capital markets by the perceived attractiveness of transnational corporations as a use for local savings (Dickens 1992:390). ...

  • Word Count: 877
  • Approx Pages: 4
  • Grade Level: Undergraduate

5. Hungry For Trade

Today we know that corporations, for good or bad, are major influences on our lives. For example, transnational corporations account for 30 percent of the world output. ... "Transnational corporations have a powerful influence on the WTOs agenda. ... The interests of powerful corporations are successfully shaping the terms of free trade. ... Large, transnational corporations are becoming increasingly powerful. ...

  • Word Count: 1045
  • Approx Pages: 4
  • Grade Level: Undergraduate

6. Hungry For Trade

Today we know that corporations, for good or bad, are major influences on our lives. For example, transnational corporations account for 30 percent of the world output. ... "Transnational corporations have a powerful influence on the WTOs agenda. ... The interests of powerful corporations are successfully shaping the terms of free trade. ... Large, transnational corporations are becoming increasingly powerful. ...

  • Word Count: 1097
  • Approx Pages: 4
  • Grade Level: Undergraduate

7. Managing in a global environment

International corporations International organisations have been around for many year. ... (a) Multi-national corporation - is an organisation that maintains significant operations in more than one nation. ... (b) Transnational corporation - still maintains significant operations in more than one nation but decentralises decision-making to each operation in host nations. (c) Borderless corporation - as organisations continue to seek an edge in the global marketplace, many larger and well-known companies are globalising their management structure by breaking-down internal arrangements th...

  • Word Count: 826
  • Approx Pages: 3
  • Grade Level: Undergraduate

8. Globalization

Anti-globalization The World Trade Organization agreements on free trade have functioned principally to prize open markets for the benefit of transnational corporations at the expense of national economies; workers, farmers and other people; and the environment. ... Anti globalization Although the Internet started off as a communal medium for sharing information, principally among academics, it is increasingly becoming the tool of transnational corporations to market their information products around the world. ...

  • Word Count: 2555
  • Approx Pages: 10
  • Grade Level: Undergraduate

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