A transnational company (TNC), is a company that controls assets in two or more countries. They have their benefits, but also pose a serious threat. Walmart is the largest, most profitable TNC in the world. 100 million people shop at Walmart’s every week, taking advantage of their suspiciously low prices. In 2003, walmart had $256 billion in sales which at the time was eight times more than tech giant Microsoft. They create millions of jobs, and provide an easy, cheap shopping location with everything under one roof. Now, how can they do this? With Walmart's 2.3 million employees in 2017 they have kept prices low, but also, kept other things low. They have kept the wages their employees receive low, and they have kept the benefits they receive low. They import billions of dollars worth of Chinese products every year to keep the prices down, thus promoting poor …show more content…
People who think they are good, people who think they are bad, and people who are neutral, recognizing the pros and the cons. The supporters of TNCs would say that they help with connecting cultures through a common ground. They give us something in common with people all across the world. Also, lots of TNC’s give us products at a lower price thank to their huge stock. People against TNCs would argue that they ruin cultural diversity. They make everything the same all over the world assimilating us all into one collective group of people. They take advantage of cheap labour and employ their workforce at a low price range. At Walmart, a very large TNC, they even short staff their stores so the employees work harder for the same pay. People who would consider their self more neutral on the subject would definitely realize the pros and the cons of TNCs. They see how they help people get products at a low price, and create a common talking point. They also however, recognize the harsh working conditions and assimilation that TNCs