The Global business remains under the boundries of its own country but its scope becomes global and on the other side multinational business jumps the boundries of its home country and establish itself in other countries as well across the world. e.g. McDonald etc
well i also don't know?
i would say TNC's (transnational corporations) and the difference between poor and rich
difference between frenchise and multinationcompany
There is no difference. Only the company branches out further than the enterprise.
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
INC stands for Incorporation, which is the process of legally forming a company. On the other hand, MNC stands for Multinational Corporation, which is a company that operates in multiple countries. INC refers to the legal status of a company, while MNC refers to the geographical scope of a company's operations.
Multinational is an organization between two or more countries while international organization for all countries such as The United Nations.
Pluralism is the coexistence of different cultural or ethnic groups within a society, each maintaining its own identity and traditions. Assimilation, on the other hand, is the process by which individuals from different cultural backgrounds adopt the dominant culture of the society they are in, often leading to a loss of their original cultural identity.
One operates within one country, while the multinational is based in two or more.
Globalization refers to the interconnectedness and interdependence of economies, cultures, and societies globally. Integration refers to the process of linking individual components or entities to form a unified whole. In the context of globalization, integration often refers to the process of countries or regions coming together through agreements, alliances, or common policies to facilitate global trade and cooperation.
Multinational companieshave investment in other countries, but do not have coordinated product offerings in each country. More focused on adapting their products and service to each individual local market.WHERE,Transnational companiesare much more complex organizations. They have invested in foreign operations, have a central corporate facility but give decision-making, R&D and marketing powers to each individual foreign market.
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