Analysis on Global Operating and Management of Transnational Corporations

摘要

This paper makes use of the relevant theories of transnational corporations(TNCs) to have in-depth analysis on the layout and strategy of TNCs' global operating and global management, and farther probe into the changes and trends in the organizational structure and business model of TNCs. The paper points out that: the imperfectness of international market brings about transaction costs, but also provides opportunities for earning profits. The enterprises bear the transaction costs in order to achieve the expansion of trade and profit. The organization will select the operating method with higher return and lower transaction costs. With the structural changes in international markets of commodity, interim productions and productive factor, the organizational structure of TNCs have been adjusted and optimized. After development in manufacture chain for many years, a few of advanced TNCs would focus on the chain of information and services, and fully utilize the international imperfect markets of senior human capital. In general, the organization of TNCs transform from the trade-oriented TNCs, then to the production-oriented TNCs and multifunctional TNCs, eventually to the knowledge-based TNCs.