What is a transnational (international) company? It's an organization that operates in multiple countries, offering jobs to individuals in different countries from where it is headquartered. These large global firms engage in selling goods across various countries.

Social Studies · College · Thu Feb 04 2021

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A transnational (international) company, also known as a multinational corporation (MNC), is a business organization that has its headquarters in one country but operates and has assets in several other countries around the world. These companies often have a sizeable global presence with production facilities, sales offices, and branches located in different countries. They are characterized by their global reach and influence in multiple national markets and usually engage in a variety of business activities, from manufacturing and marketing to research and development across international borders.

The operations of transnational companies are not limited to selling goods; they extend to services, technology transfer, and the establishment of manufacturing facilities across various locations. They are able to leverage the advantages of different regions, such as lower labor costs, access to natural resources, or strategic geographic locations, to optimize their production and distribution processes. By offering jobs in different countries, transnational companies also contribute to local economies and foster international trade relations.