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Why is it good for MEDCs to have TNC headquarters in their country?
Wiki User
∙ 11y ago
One reason is because people are more educated in MEDCs compared to LEDCs - HQs need suffieciently educated employees to manage their money. People in LEDCs are not so well educated and so are more suited to mass production in TNCs.
Wiki User
∙ 11y ago
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What does TNC stand for and mean?
A transnational corporation (TNC) is almost the same as a multinational coorperation (MNC). It has its headquarters in one country and has offices or production units in several other countries. Transnationals locate in foreign countries to take advantage of tax incentives, cheap labour, favourable environmental laws, etc or to access a wider market
Why is Adidas a TNC?
Adidas is a TNC(Transnational Corporation) because it operates in more then one country, in fact Adidas operates in many countries around the world.
What is the example of Transnational Corporation TNC?
TNC is a company that sells its products internationally and globally. It normally makes its products in LEDCs whereas its branches are in MEDCs. Examples of TNCs are: Nestle, Topshop, Sony, Cocacola, Nike (they are basically huge brands!) For a more full list of TNC's there is also: Shell, McDonalds, Ford, Apple, KFC, Ikea, BP, United Parcel Service, H&M, Pepsi, Louis Vuitton, Converse, Costa Coffee, Exxon, Nokia, FedEx and Starbucks By Sophie544
Are TNC's good or bad?
TNCs are both good and bad depending on how you view it. TNCs ( Transnational Corporations) do depend on LEDCs (Less Economically Developed Countries) because it costs less to pay the workers in a LEDC then a MEDC ( More Economically Developed Countries). Although a TNC does pay about next to nothing, it provides a person from a LEDC to acquire new skills and also earn some money whilst doing this. But, whilst working for a TNC, all the profits go back to the country the TNC originated from and also anything produced from the LEDC will get imported back to the originating country meaning the LEDC gains nothing in the process. TNCs do provide the LEDC new technology they would of had access to before but the TNC may leave the country anytime if cheaper labour is found meaning sudden unemployment. TNCs usually leave a LEDC full of pollution. From that, TNCs are both good and bad depending on how one views it.
Is BP a TNC company?
yes BP is a TNC company
Is Starbucks considered a TNC?
Yes. Starbucks is a large company that operates in 58 countries with the headquarters, main office and main factories in HICs and smaller offices and most factories located in LICs and that is pretty much the definition of a transnational corporation (TNC). :)
Why is Nestle a TNC?
Because it's a company with headquarters in one place, and manufacturers in other places all over the world. This means they can use cheaper workers and sell for high prices.
Characteristics of TNC's?
Company that operates in more than one country, whether it's manufacture, administration or retail
Why did Sony become a TNC?
Sony became a Transnational company, also known as TNC, in 1975. It became a TNC when Sony stocks started publicly trading.
What are the advantages of being a TNC?
i got 99 problems but tnc's aint one! hit me!
Why did pepsi become TNC?
Pepsi became a TNC because it was firat based in M
What are the advantages and disadvantages of POOR COUNTRYS TO TNC?
what are the advantages of TNC there are many advantages and disadvantages to the LEDC (Less Econimically Developed Country.) For example, the credit crunch has hit many of the large companies in the world including the TNC's. If for a reason that it is to costly to have workers in an LEDC, then the TNC could just walk out and leave lots of unqualified workers without jobs. One advantage for the country is that the TNC will have to improve the infrastrucutre of the town e.g. roads, telecommunications, ect... And also it provides jobs for many unqualified workers who have had a poor education. The little pay gives the chance for the workers to pay the rent and for some food. You may argue that they are paid nothing much at all but it is paid regulary.
