We tend to read the following terms and think they refer to any company doing business in another country. * Multinational* International* Transnational* GlobalAndrew Hines over at BNET has brief and clear definitions of each of these terms, Get your international business terms right. Each term is distinct and has a specific meaning which define the scope and degree of interaction with their operations outside of their “home” country. * International companies are importers and exporters, they have no investment outside of their home country. ————————————————-
Multinational companies have investment in other countries, but do not have coordinated product offerings in each country. More focused on adapting their products and service to each individual local market. ————————————————-
List of multinational corporationsBelow are some multinational companies.* 24/7 Customer* ABB* ABN-Amro* Accenture* Accor* Activision Blizzard* Aditya Birla Group* Advanced Micro Devices* Affiliated Computer Services* Airbus* Air France-KLM* Aitken Spence* Akzo Nobel* Alcatel-Lucent* Allianz* Alstom* Altria Group* Kelsey Motors* Australia and New Zealand Banking Group (ANZ)* Apple Inc.* Aquent llc* Aéropostale* Arcelor Mittal* Arcor* Asian Paints* Assicurazioni Generali* Atari* Activision* AXA* Bacardi* Banco Santander* Bank of Montreal* Barrick Gold Corporation* Barilla Group* BASF* Baskin-Robbins* Bayer* BBVA* Bic* Billabong* Black & Decker* BMW* BNP Paribas* Boeing* Bombardier Inc.* Bouygues* Bridgestone* BP (British Petroleum)* Cadbury Schweppes* Canon Inc* Capital One* Caterpillar Inc.* Celestica* Chevron* Cisco Systems* Citigroup* Cognizant Technology Solutions* ConocoPhillips* Coca-Cola* Costco* Creative Labs* Credit Suisse* Crédit Agricole* Cummins* Dabur* Daimler AG* Danone* Dell* Deutsche Bank* Deutsche Telekom* Dilmah* Dow Chemical* Dunkin’ Donuts* EDF* Electronic Arts* Electronic Data Systems* Electrolux* Emerson Electric* Eni* Enel* Embraer* Epson* Ericsson* Ernst & Young* Etisalat* ExxonMobil* Faber-Castell* Facebook* FedEx Express* France Télécom* Ferrero* Fiat* Ficosa* Finmeccanica* Ford Motor Company* Gazprom* General Electric* General Motors* Generali* Gerdau* Gillette* Glaxo Smith Kline* Goodyear Tire and Rubber Company* Google* Halliburton* Hearst Corporation* Heineken* Hewlett Packard* Hilti* Hindustan Computers Limited* Hitachi, Ltd.* Honda* Honeywell* HSBC* Huawei* Hutchison Whampoa Limited* IBM* ICICI* Indesit* Infosys* Ingersoll Rand* ING Group* Intel Corporation* Intesa Sanpaolo* Isuzu* Jardine Matheson* Johnson & Johnson* JPMorgan Chase & Co.* Konami* Kingston Technology* Kenya Airways* Knorr (brand)* KPMG* Krispy Kreme* Lagardère* Lactalis* Lear* Leoni AG* Lexmark* LG* LiuGong* Lockheed Martin* L’Oréal* Lukoil* Luxottica* McDonald’s* Maggi* Malaysia Airlines* Marriott* Martini & Rossi* Masterfoods* Mattel* Mercedes-AMG* Mercedes-Benz* Michelin* Microsoft* Mobil* Motorola* Millipore Corporation* Monsanto Company* Namco Bandai Games* Namco Bandai Holdings* Nestlé* NetApp Inc.* News Corporation* Nike, Inc.* Nintendo* Nissan* Novartis* Oracle Corporation* Panasonic Corporation* Parmalat* Pepper Lunch* PepsiCo* Petronas* Pfizer* Philips* Procter & Gamble* Proton (carmaker)* PSA Peugeot Citroën* Ranbaxy* Red Bull* Regus* Renault* Repsol* Rockstar Energy* Shell/Royal Dutch* Royal Bank of Canada* Rusal* SABMiller plc* Samsung* SanDisk* Sanofi Aventis* SAP AG* SAS* Sasken Communication Technologies Limited* Sasol* Schlumberger* Scotiabank* Sega Sammy Holdings* Servcorp* Siemens* Société Générale* Sony* Sony Computer Entertainment* Sony Music Entertainment* Sony Pictures Entertainment* Southwest Airlines* Square Enix* Starbucks* TCS* Telefonica* Tejas Networks* Total S.A.* Toyota* TRW Automotive* Unilever* Vodafone* Wal-Mart* Wipro** Global companies have invested and are present in many countries. They market their products through the use of the same coordinated image/brand in all markets. Generally one corporate office that is responsible for globalstrategy. Emphasis on volume, cost management and efficiency. * Transnational companies are much more complex organizations. They have invested in foreign operations, have a central corporate facility but give decision-making, R&D and marketing powers to each individual foreign market.
————————————————-Transnational CorporationsA Transnational Corporation (TNC) differs from a traditional MNC in that it does not identify itself with one national home. Whilst traditional MNCs are national companies with foreign subsidiaries, TNCs spread out their operations in many countries sustaining high levels of local responsiveness. An example of a TNC is Nestlé who employ senior executives from many countries and try to make decisions from a global perspective rather than from one centralized headquarters. However, the terms TNC and MNC are often used interchangeably.
A Multinational Corporation (MNC) is a corporation with extensive ties in international operations in more than one foreign country. Examples are General Electric, Exxon, WalMart, Mitsubishi, Daimler Chrysler, etc…
A Transnational Corporation is a MNC that operates worldwide without being identified with a national home base. It is said to operate on a border less basis.
*Multinational companies have investment in other countries, but do not have coordinated product offerings in each country. More focused on adapting their products and service to each individual local market. * Global companies have invested and are present in many countries. They market their products through the use of the same coordinated image/brand in all markets. Generally one corporate office that is responsible for global strategy. Emphasis on volume, cost management and efficiency.