 |
What are the different types of global organizations? |
 |
Multinational Corporation (MNC) |
 |
A multinational corporation (MNC) is a company that maintains significant operations in multiple countries simultaneously, but manages them all from one base in a home country. |
|
It reflects the ethnocentric attitude. |
|
Transnational Corporation (TNC) |
|
A transnational corporation (TNC) is a company that maintains significant operations in more than one country simultaneously, but decentralizes management to the local country. |
|
It reflects the polycentric attitude. |
|
Borderless Organization |
|
A borderless organization is a global type of organization in which artificial geographical barriers are eliminated so that the management structure can be more effectively globalized. |
|
It reflects the geocentric attitude. |