THE WORLD OF TRANSNATIONAL CORPORATIONS IN THE COVID 19 PANDEMIC
Alina,Voiculeţ1 ()
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Alina,Voiculeţ1: PhD Associate Professor, "Constantin Brancoveanu" University of Pitesti
Management Strategies Journal, 2020, vol. 50, issue 4, 85-89
Abstract:
We are aware by now that, when talking about transnational corporations, we refer to global economic agents, to giant companies that are operating on extremely varied international markets. However, they are guided, like any economic agent by the hedonistic principle. Companies of the type have come to have such an expansion that they have, in a sense, lost their national character. The world of transnationals is extremely varied, although, in the current context, in which the world economy suffers from the ongoing pandemic, all large companies are forced to rethink their investment policies, to be able to adapt to the new global challenges. We can say with certainty that, the year 2020 will mean for many transnational corporations, a year of balance sheet and a year of fundamental change in the means of approaching to various international markets. It is clear that pharmaceutical or IT companies will have a different take compared to those in the food industry, for example. It is certain that, companies that will be more create, innovative, competitive, those that will adapt to the new changes, will be able to succeed into a new world of globalization.
Keywords: ransnational corporation; pandemic; foreign assets; globalization (search for similar items in EconPapers)
JEL-codes: F23 F60 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:50:y:2020:i:4:p:85-89
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