Can you name top 10 multinational corporations in the USA? Top multinational corporations in the USA will see a significant change in fortunes as the Trump administration goes about making a radical change in foreign and trade policies.
A multinational or transnational corporation is a corporate or business title that produces goods or services in more than one country. For him, sometimes the term international company is used. According to the definition of the International Labor Organization, a multinational corporation means any corporation or enterprise whose headquarters are located in one or the home country, and business units and other work units in others, host countries. Multinational corporations often have budgets that are several times higher than the gross domestic product of individual countries. This gives them a powerful influence on the local as well as the world economy, and therefore often play a significant role in international relations, especially in the era of globalization. Their power and influence made them a subject of sharp criticism. Did you ever hear about Chevron Corporation? The company’s significant areas of operations are the west coast of North America, the U.S. Gulf Coast, Southeast Asia, South Korea, Australia and South Africa. Procter $ Gamble Co is an American multinational consumer goods company headquartered in Ohio. The company sells its products in approximately 180 countries and operates over 100 manufacturing sites in 40 countries. Most of you have probably heard about General Electric Company. General Electric Company is an American multinational conglomerate with operations in 130 countries and products and services being offered ranging from power to transport to lightning and healthcare. Multinational companies have budgets that are several times higher than the gross domestic product of some countries. This gives them a powerful influence both at the local, so Ina world economy and have an important role in international relations. They invest their capital in underdeveloped countries investing in them and having control over 2/3 of the world’s production and trade. Based on this, when comparing the economic significance of state and transnational companies, it is evident that countries have become sub-prime financial entities. Multinational corporations have the largest share in the chemical, electrical and automotive industries. In addition to the production, there are also service multinational companies, whose leading positions are taken by banks, insurance companies, hotel chains and stores. Most multinational companies realize an annual income that is more frequent than the income of individual countries of the world, giving them political and economic power.
If you want to see more about top multinational corporations in the USA, check Insider’s MOnkey list of Top 10 Multinational Corporations in the US and find out more about this article.
