Journal of Process Management and New Technologies (Oct 2014)
TRANSNATIONAL CORPORATIONS
Abstract
The rapid development of the globalization of business has caused an increase in competition in the international market. Number of organizations different forms be increasing according to the development level of the business. Multinational companies are all companies that operate on the principle of equity investments from several countries and have control over the property for at least two or more countries. These organizations have a well-developed network of its own branches which are located around the world, through which they control the production, distribution of goods and services. Global companies - terminology under this name is first mentioned in literature in the early 90's. Global companies implement a global strategy that treats the whole world as one market and act in terms of strengthening the forces of global integration and national responsiveness pad.
