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Globalisation and Social Change — Sociology STD 12 Humanities — Question

CBSE BoardEnglish MediumSTD 12 HumanitiesSociologyGlobalisation and Social Change2 Marks
Question
What are trans-national corporations?
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Answer

  • TNC‘s are companies that produce goods or services in more than one country.
  • These may be small firms with one or two factories outside the country.
  • They could be huge international firms whose operations spread worldwide.
  • Examples are Coca-Cola, General Motors, Coalgate-Pal molive, Kodak, Mitsubishi, Pepsi, etc.
  • Oriented to global profits and global markets.

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