Transnational Corporation

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A corporation that has interconnected operations in more than one country is properly referred to as a transnational or global corporation. Such corporations generally accept no obligation to any locality or nation, moving operations between localities and nations without consideration for any interest other than the short-term financial bottom line. Such corporations may refer to themselves as multinational corporations, which implies they are national everywhere. This is a common misrepresentation.

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Author: David Korten