What are Transnational Corporations ?

A huge company may do business in several countries. Such companies are called transnational corporations or TNC.

By definition, a TNC is “any enterprise that undertakes foreign direct investment, owns or controls income-gathering assets in more than one country, produces goods or services outside its country of origin, or engages in international production".

Examples

1. Nestlé

2. Unilever

3. Coco-cola

4. Cadbury-Schweppes