The suggestion is that worldwide industries were transformed in the 1980s and 1990s from traditional multinational, international, and global firms into transnational firms. Explain why this was necessary and whether the intended purpose was achieved? You are required to address the special features and attributes of a typical transnational firm?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter6: International Management
Section: Chapter Questions
Problem 9CRQ: Compare and contrast a global, regional, and local strategy. Discuss some advantages and...
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  1. The suggestion is that worldwide industries were transformed in the 1980s and 1990s from traditional multinational, international, and global firms into transnational firms. Explain why this was necessary and whether the intended purpose was achieved? You are required to address the special features and attributes of a typical transnational firm?
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