corporations

Transnational Corporations

• The role of Multinational Corporation (MNCs) in the 21« is distinct and interesting to investigate.

Transnational corporations

• The movement of ideas, capital, investment, technology, and people are affected by the operations of MNCs.

Transnational corporations

• As the global economy is becoming complex and competitive, MNCs continue to offer innovations and new product and services.

Transnational corporations

• For several years, the term MCNs was used to refer to a firm operating in different countries around the world.

Transnational corporations

• Because of the magnitude of global production and networks, the term transnational corporation (TNC) became the more acceptable name.

Transnational corporations

• This refers to business organizations and firms that compete in regional or global markets.

Transnational corporations

• It operates in countries and makes investments in research, technology, facilities, distribution, and production.

Multinational Corporations

• are accused of social injustice, unfair working conditions (including slave labor wages, living and working conditions), as well as lack of concern for environment, mismanagement of natural resources, and ecological damage.

Multinationals corporations

• are increasingly influencing political decisions. Many think there is a threat of corporations ruling the world because they are gaining power, due to globalization.

Exploitation of labor

• Prisoners and child workers are used to work in inhumane conditions.

Exploitation of labor

• Safety standards are ignored to produce cheap goods.

Exploitation of labor

• There is also an increase in human trafficking.

Exploitation of labor

• Social welfare schemes or "safety nets" are under great pressure in developed countries because of deficits, job losses, and other economic ramifications of globalization.