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Q: business management ( Answered 3 out of 5 stars,   0 Comments )
Question  
Subject: business management
Category: Reference, Education and News > Homework Help
Asked by: di81526-ga
List Price: $30.00
Posted: 07 Nov 2003 00:27 PST
Expires: 07 Dec 2003 00:27 PST
Question ID: 273490
what different between international, multinational, global and
transationsl business and implications with regard to business
activity.
Answer  
Subject: Re: business management
Answered By: easterangel-ga on 07 Nov 2003 02:04 PST
Rated:3 out of 5 stars
 
Hi! Thanks for the question.

I have found the following resources describing the difference of such
business terms. I will provide small snippets from the articles I will
cite just to save you time. But I suggest that you read them in their
entirety to get a better grasp of the topic.

The terms International and global are more of a way of thinking and
policy in achieving a process.

International - ?International (literally "between or among nations")
generally describes a worldview within the traditional boundaries of
nations (ethnic, geographic, political, etc.). This viewpoint is often
from the "inside center looking out," in an relationship to others who
are "outside the borders of your own country." For example, an
international association is one that operates programs outside the
country where the association is headquartered. The United Nations
defines an international organization as one having operations in at
least three countries and receives substantial funding from at least
three countries.?

Global - ?Global, in contrast, generally describes a more holistic or
"boundary-less" worldview. This view is not limited by traditional
boundaries and takes a more holistic, interdependent, interconnected
and interrelated approach. It is a distinct way of organizing work
that responds to the complexity of factors in the global environment.
For example a global association is not necessarily headquartered in
just one country but has a multiple presence throughout the world
where members, chapters, or field offices operate simultaneously in
several countries and regions around the world.?

?General Terms, Definitions and Glossary?
https://shop.asaenet.org/go/about/definitions.htm 


---------------------------------
In our next link Multinational and International businesses are compared. 

International ? ?International business does not function in a vacuum.
It operates within the context of international and, sometimes,
regional rules and regulations set by appropriate governmental
organizations. Although each organization is distinct, some of their
common characteristics are fostering trade among member countries,
establishing common rules and regulations, promoting air trade
practices among members, and protecting members from competition from
non-member countries. Other organizations exist to facilitate
financial transactions among nations or the particular interest of
members, such as trade in a specific commodity.?

Multinational ? ?If international business is the process of
conducting business across national boundaries, then multinational
corporations are the principal participants in this activity. They
are, so to speak, the actors or players in the international business
"game". Most multinational corporations are based in developed
countries.?

?Multinational corporations are companies that operate in more than
one country. The name "multinational corporation" is distinct from
"international corporations". The latter name was used in the 1960s to
designate a company with a strong national identification. The home
market was the company's primary focus. Foreign operations were
usually wholly owned subsidiaries controlled by home country
nationals. By the 1980s, international corporations had evolved into
more globally oriented companies. While still maintaining a domestic
identity and a central office in a particular country, multinational
corporations now aim to maximize profits on a worldwide basis. The
corporation is so large and extended that it may be outside the
control of a single government. Besides subsidiaries, a multinational
corporation may have joint ventures with individual companies, either
in its home country or foreign countries.?
 
In reading this we can conclude that the International business of the
80s transformed from being more locally focused to a real worldwide
entity in terms of identity and operations.

?INTERNATIONAL BUSINESS AND MULTINATIONAL CORPORATIONS?
http://www.cis.drexel.edu/faculty/shelfer/public_html/busrefpapers/intmulti.html 

------------------------------
In terms of business entities, the multinational and transnational
types are the ones compared to one another.

?The terms multinational corporation (MNC) and transnational
corporation (TNC) are often used interchangeably, but it is useful in
understanding the current conjuncture of global forces to examine the
differences. They are the heart of the current form of the
corporation.?

Multinational - ?The multinational corporation has been around at
least since the turn of the century, but became a dominant trend in
the post-World War II period. A corporation, typically based in the
U.S. or Europe, would set up complete operations in several countries,
virtual copies of their structure in their home countries. Production
facilities, a local board of directors, advertising and marketing that
adapted to the local culture, stable relationships with local
suppliers, and integration into the community were all typical
features of the MNC.?

Transnational - ?Where multinationals depended on healthy domestic
economies--including low unemployment--TNCs have moved beyond
discrete, national economies. Where MNCs had to adapt their
advertising to local cultures, TNCs push global products and sell the
culture of consumerism, explicitly taking on genuine culture as an
adversary. For the modern TNC, culture is seen as a barrier to trade,
which explains the ferocious response of the American entertainment
industry to Canada's moderate protection of its magazines.?

?The TNC typically produces in countries where labour is cheapest and
environmental laws the most lax; they use "transfer pricing" to
declare their profits in countries with no or low income tax rates; in
most countries they simply have marketing and distribution operations
to sell their products. Their nominal head office focuses on strategic
planning, co-ordination of global production, and corporate
governance.?

?A WORLD RULED BY CORPORATIONS: More and more, our lives are dominated by the TNCs?
http://www.policyalternatives.ca/publications/articles/article278.html 


Search terms used:                               
difference glossary international global multinational transnational MNC TNC
                      
I hope these links would help you in your research. Before rating this
answer, please ask for a clarification if you have a question or if
you would need further information.
                              
Thanks for visiting us.                              
                              
Regards,                              
Easterangel-ga                              
Google Answers Researcher
di81526-ga rated this answer:3 out of 5 stars

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