Tuesday, December 2, 2008
Transnational Company
A transnational company is similar to a global company, but it isn't centralized and lacks a national identity. These companies rely on a mix of global and local strategies. Larger transnational companies have budgets that exceed some national gross domestic products (GDPs). These sort of companies can be a problem because if they become too powerful, not even the government will be able to (fully) regulate them.
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