Transnational Businesses

Definition

These are large corporations that operate and have assets in more than one country. They're often involved in various activities, including manufacturing, marketing, and sales.

Related terms

Multinational Corporation (MNC): A company that has facilities and other assets in at least one country other than its home country.

Globalization: The process by which businesses or other organizations develop international influence or start operating on an international scale.

Foreign Direct Investment (FDI): An investment made by a firm or individual in one country into business interests located in another country.