(高职)Unit 17:《外贸英语函电》ppt课件.pptx
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1、(高职)Unit 17:外贸英语函电ppt课件外贸英语外贸英语函电函电n The significance of transnational corporations ,especially the very large global corporations,lies mainly in three basic characteristics:1.its control of economic activities in more than one country;2.its ability to take advantage of geographical differences betw
2、een countries and regions in factor endowments(including government policies);3.its geographical flexibility,that is,its ability to shift its resources and operations between locations at a global scale.n Hence,much of the changing shape of the global economic system is sculptured by the TNC through
3、 its decisions to invest or not to invest in particular geographical locations.It is moulded,too,by the resulting flows of materials,components and finished products as well as of technological and organizational expertise between geographically dispersed operations.Although the relative importance
4、of TNCs varies considerably(from industry to industry,from country to country and between different parts of the same country)there are few parts of the world in which TNC influence,whether direct or indirect,is not important.In some cases,indeed,the influence of TNCs on an areas economic fortunes c
5、an be overwhelming. Text Text n One way of defining a transnational is in terms of its ownership of overseas assets and activities,where such ownership confers control over the overseas operation.This is the definition used in all national statistical sources,although the precise percentage of owner
6、ship used varies from country to country(this creates one of the many problems involved in making international comparisons of TNC activity).n As will become clear in subsequent chapters,there are many ways(direct and indirect,financial and non-financial)in which a business may be regarded as transn
7、ational in its activities,behavior and influence on national and local economies.A more satisfactory and more comprehensive definition of a transnational corporation is that suggested by Cowling and Sugden:n A transnational is the means of co-ordinating production from one center of strategic decisi
8、on making when this co-ordination takes a firm across national boundaries.A broader definition of this kind is necessary to capture the increasing diversity in the forms of international involvement used by business firms.Many of these forms do not involve ownership or equity relationships but are,r
9、ather,various forms of collaboration between legally independent firms in different countries. Text Text n Unfortunately,there are no comprehensive,internationally comparable statistical data to match the broader definition of a transnational corporation.In trying to obtain an idea of the general gr
10、owth and spread of TNCs we have to use the foreign direct investment data collected(very unevenly)by national governments.n TNCs are responsible for a disproportionate share of world employment,production and trade.Between one fifth and one quarter of total world production in the worlds market econ
11、omies is performed by TNCs.Such a large share of world production,together with the geographical extensiveness of their operationstheir global reach also makes them an increasingly dominant force in world trade.An increasing proportion of world trade in manufactures is intra firm,rather than interna
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