Transnational Corporations (TNCs) are large companies that operate in multiple countries, managing production or delivering services across borders. They often have a centralized head office in one country, while their operations, such as factories or sales offices, are located in various other nations. This global presence allows TNCs to access new markets, reduce costs, and increase profits. TNCs play a significant role in the global economy, influencing trade, investment, and employment. They can drive innovation and economic growth but may also raise concerns about labor practices, environmental impact, and the influence they exert on local governments and economies.