WHAT IS MNC (MULTINATIONAL CORPORATION)?
MNC refers to multinational corporations (MNC) is usually a large corporation operating in the home country which produces or sells goods or services in other countries.
WHAT IS TNC (TRANSNATIONAL CORPORATIONS)?
TNC refers to TRANSNATIONAL CORPORATIONS (TNC) which operated in foreign countries individually, not through their home country. Read More with Example- Mnc And Tnc ( Click back if any other site opens and double click on Mnc and Tnc
For the difference between MNC and TNC (TABULAR FORM) Click Here
Similarities between MNC (MULTINATIONAL CORPORATIONS) and TNC (TRANSNATIONAL CORPORATIONS)
Here are the similarities
| BASIS | MNC AND TNC |
|---|---|
| 1. OPERATIONS | Both the corporations have their headquarters in one country and they do business and operate in many other countries. The headquarter nation is known as the home country and other affiliates are known as host countries |
| 2. BUDGET | MNC and TNC are massive in terms of budget as well as highly influential in globalization, and economic and environmental lobbying in most countries. |
| 3. SERVICES | Both have local services as well as production hence affecting employment, Standard of living, and household incomes. |
| 4. EXAMPLE | Industries in TNC & MNC like manufacturing, oil mining, consulting, construction, banking, etc. |
Do you want to Know, Advantages Of MNC – Advantages and Disadvantages of MNC
Similarities between MNC and TNC
1. Both the corporations have their headquarters in one country and they do business and operate in many other countries. The headquarter nation is known as the home country and other affiliates are known as host countries.
2. MNC and TNC are massive in terms of budget as well as highly influential in globalization, and economic and environmental lobbying in most countries.
3. Both have local services as well as production hence affecting employment, Standard of living and household incomes.
4. Industries in TNC & MNC like manufacturing, oil mining, consulting, construction, banking, etc
For the Difference between MNC and TNC (TABULAR FORM) Click here
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