TNC (Transnational Corporation) - GCSE Geography Definition

A Transnational Corporation (TNC) is a large company that operates and does business in several countries around the world, not just where it was originally founded. These companies often have their headquarters in one country but are involved in production, sales, or services in many other countries. TNCs play a big role in global trade as they can move resources, money, and products easily across borders, which can affect local economies and cultures. Examples of TNCs include well-known brands like McDonald's, Apple, and Nike. They are important in geography studies because they show how interconnected our world has become, and how companies can influence economic and social patterns in different regions.