Trans-National Companies

What is TNC?
First of all, we have to explain TNC definition and what is it? Foreign Direct Investment (FDI) represent an enormous supply of financial resources, technology and jobs. This is a great potential benefit to emerging economies. FDI comes from private sector, from large companies willing to invest anywhere. As we mentioned, these companies called “trans-national companies (TNCs)”
List the main TNC
1. Microsoft (US)
2. General Electrics (US)
3. Royal Dutch Shell (UK, Netherlands)
4. BP (UK)
5. Vodophone (UK)
6. Toyota Motor (Japan)
7. Total
8. Electicate De France
9. Ford Motor Company
10. Motorola

Siemens AG
Beginning and initial expansion: The craftsman’s work shop founded in Berlin as “Telegraphen-Bauanstalt von Siemens & Halske” develops into an internationally active corporation. Siemens AG has a long time history which is time over 160 years and they were able to a global firm in the world. They say own success story to us just like “From a small back building workshop in Berlin to a global firm”
Find out everything whatever you want to know from Siemens official web site if you look at this web site you could learn have many people working at Siemens. Referring to the web site, Siemens have 405.000 employees around the globe. Numbers of employees are very high amount for a company.
Product groups of Siemens are working in many areas such as automation, building technologies, communication networks, consumer products, drive technology, energy, financial solutions, healthcare, IT solutions and services, lighting (OSRAM), mobility and at the same time, Siemens Company is working industry sector, energy sector and healthcare sector.
Siemens has been synonymous with international focus. Therefore, they have effective many regions. Suffice it to say; today Siemens is a global powerhouse with activities in nearly 190 regions. Afghanistan, Argentina, Colombia, China, Chile, Cyprus, Ecuador, India, Turkey. These are the some countries which is Siemens worldwide department.
Innovations of Siemens AG
Siemens AG Company defines own work shop just like that “innovation is our lifeblood” so in this sense, Siemens company show us, innovation is very significant thing for their corporation. Their number of researchers and developers are reaching 30,800 workers at various locations in 30 countries throughout the world. Their innovations that help them to secure and expand own market leadership position. In recent years, Siemens awarded two innovation prizes for climate and environment. This is the attractive work for own promotions or presentations to costumers because through these workshops they are achieving interesting locations on media or press around the world. Also this workshop may achieve credibility for Siemens on public or citizens and they present own success like this “more than 55.000 patents secure our business success” This is one of the major example campaign to “positive campaign views”
Management and corporate structure consist of knowledgeable person who study doctorate in university around the Europe. Their visions for the future like that; “A pioneer of our time – yesterday, today and tomorrow” A pioneer has been exceeding 160 years so in this study they have huge experience.
Siemens is explaining own values and visions plan as follows, responsible, excellent and innovative. If you would be successful corporation, your strategy must be clear and understandable.
Rating and dept is the most significant issues for global corporations so every year all corporations explain rating and dept schedule. The following schedule illustrate the development of Siemens’ current ratings.
Current Ratings
Rating Agency Long Term Short Term Outlook last update
Moody's Investors Service A1 P-1 stable Nov 2007
Standard & Poor's A+ A-1 stable Jun 2009

To sum up, Siemens AG is the good example of Transnational Companies because transnational means that a global corporation and you can see like this company in a lot of countries.

REFERENCE: www.siemens.com

created by mertcan