Multinational corporation
A transnational corporation (TNC) differs from a traditional MNC in that it does not identify itself with one national home. While traditional MNCs are national companies with foreign subsidiaries, TNCs spread out their operations in many countries sustaining high levels of local responsiveness. An example of a TNC is Nestlé who employ senior executives from many countries and try to make decisions from a global perspective rather than from one centralized headquarters. Another example of a Transnational Corporation is the Royal Dutch Shell corporation whose headquarters may be in The Hague, Netherlands but its registered office and main executive body where the decisions are made is headquartered in London, United Kingdom.