DVM 2505 Lecture Notes - Lecture 11: Outsourcing, Multinational Corporation, Flavin Mononucleotide

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They invest in economic and social development; important actors today. Ho(cid:449)e(cid:448)e(cid:396), depe(cid:374)de(cid:374)(cid:272)y theo(cid:396)y has (cid:272)(cid:396)iti(cid:272)ized the(cid:373) ((cid:449)e a(cid:396)e depe(cid:374)de(cid:374)t o(cid:374) the(cid:373) (cid:271)ut u(cid:374)e(cid:395)ual development) In the second half of the 20th century (1950s onward), transnational firms truly expanded. Motivated to extract resources and control markets. Multinational firms: a multinational corporation (mnc) has facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they coordinate global management. Transnational firms: a transnational corporation (tnc) is generally regarded as an enterprise comprising entities in more than one country which operate under a system of decision-making that permits coherent policies and a common strategy. Multinational society: of or relating to more than two nationalities. First definition of multinational society/fi(cid:396)(cid:373) i(cid:374) (cid:1005)96(cid:1004): (cid:862) o(cid:272)ieties (cid:449)hi(cid:272)h ha(cid:448)e head(cid:395)ua(cid:396)te(cid:396)s i(cid:374) o(cid:374)e country but which equally live and function under the laws of other countries.

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