Name Three of the Most Important Transnational Phenomena in the Contemporary

question 26

Essay

Name three of the most important transnational phenomena in the contemporary world.

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Definitions:

Functional Structure

An organizational structure where the company is divided into departments based on their functions, such as marketing, operations, and finance.

Geographic Location

The specific physical position of something on the Earth's surface, determined by its latitude, longitude, and other factors.

Matrix Structure

An organizational structure that combines two or more types of organizational structures, most commonly functional and product-based divisions, aiming for greater flexibility in management.

Transnational Company

A multinational corporation that operates in multiple countries but adjusts its practices and products to local conditions.