SSC MTS EXAM

Detailed explanation-1: -Some examples of TNCs include Apple, McDonald’s, Coca-Cola, Nike, and Amazon. They all operate in multiple countries around the world.

Detailed explanation-2: -While it is commonly acknowledged that TNCs have greatly contributed to the global spread of wealth and the economic development throughout the world, they have also developed new forms of colonialism and perpetuated exploitation of Third World countries, peoples, and natural resources.

Detailed explanation-3: -Transnational supply chains are networks of locally-based enterprises that supply the demands of transnational corporations, mostly for raw materials and parts of manufactured goods.