CBSE Class 12 Sociology Solved Question Paper 2015

Short Answer Type

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State the features of transnational corporations.

(i) TNCs are companies that produce goods or market services in more than one country. 

(ii)These may be relatively small firms with one or two factories outside the country in which they are based. They could also be gigantic international ones whose operations criss-cross globe. Some of the biggest TNCs are companies known all around the world: Coca-Cola, General Motors, Colgate-Palmolive, Kodak, Mitsubishi and many others.

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