CONFRONTATIONS BETWEEN TRANSNATIONAL CORPORATIONS ? THE EUROPEAN UNION MARKET
Autor (i): Alina,Voiculet, Nicoleta, Belu
JEL: F15, F21
Cuvinte cheie: integration, transnational corporation, foreign capital investment, competition.
Abstract:
Transnational corporations are known as large firms that have verified competitional capabilities, that can, not only deal with the common competition, but also with the global one ,which is, in fact, triggered by them. They have developed from national firms into global companies that use foreign capital investments in order to exploit their own competitive advantages. A deepening of competition on the global market takes place, new forms being added to the old ones. The competition takes place not only at the finished product level, but increasingly at the level of production factors. The fight for competition between transnational corporations is intensifying, and European integration has prompted these firms to intensify their investments on the territory of the member countries. With a big sales market, the European Union continues to be one of the most attractive areas for the foreign investors.
Transnational corporations are known as large firms that have verified competitional capabilities, that can, not only deal with the common competition, but also with the global one ,which is, in fact, triggered by them. They have developed from national firms into global companies that use foreign capital investments in order to exploit their own competitive advantages. A deepening of competition on the global market takes place, new forms being added to the old ones. The competition takes place not only at the finished product level, but increasingly at the level of production factors. The fight for competition between transnational corporations is intensifying, and European integration has prompted these firms to intensify their investments on the territory of the member countries. With a big sales market, the European Union continues to be one of the most attractive areas for the foreign investors.
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