JVB5618
Final Project: Part 2
Due: 4 December 2012
Sony Corporation: Globalization Meets Localization
Topic:
What is a transnational corporation? Select any one and present a short essay on what the company produces, where are the facilities located, and refer to aspects of capital, labor, and markets of its final product.
Abstract:
A transnational corporation is a nationally based company that manages production units or provides service in two or more countries. They are corporations that make decisions from a global prospective rather than one centralized headquarters. Typically the corporation will have its headquarters in one country, while it operates in one or more other countries. Sony is a Japanese transnational corporation headquartered in Tokyo, Japan. It is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony provides worldwide service and has over 162,000 employers globally. This paper will explore the production of Sony and how the location of its facilities affects the corporation’s capital, labor, and markets of product.
Transnational corporations are nationally based companies that manage production units or provide service in two or more countries. They are corporations that make decisions from a global prospective rather than one centralized headquarters. The first transnational corporation was the Dutch East India Company, which was founded in 1602 and developed trade links for prized commodities such as pepper between Arabia, India, China, the Dutch East Indies, and Japan. (Rodrigue, 2012) Since then, they have become the most powerful economic and political forces in the world today including several corporations that have budgets larger than many countries in the world. In fact, as of 2002, 51 of the top 100 global economies were transnational corporations. (Anderson & Cavanagh, 2002)
Transnational corporations have had a powerful impact on international relations, as
Bibliography: Chang, S.-J. (2008). Sony vs. Samsung: The Inside Story of The Electronics Giants ' Battle For Global Supremacy. Hoboken: John Wiley & Sons. Luh, S. S. (2003). Business The Sony Way. Oxford, England: John Wiley & Sons. Rubin, S. J. (1996). Transnational Corporations and World Development. Boston, MA: International Thomson Business Press. Sony. (2012). Company Vision. Retrieved 12 3, 2012, from Sony: Make.Believe: http://www.sony.com.au/article/300251/section/sonycompanyoutline This website had the company vision quote that I talk about on the last page of my paper The United Nations Library on Transnational Corporations. (1993). Organization of Transnational Corporations (Vol. 6). (G. Hedlund, Ed.) New York, New York, United States of America: Routledge. Ward, D. S. (2003). Transnational Corporations. Retrieved October 2, 2012, from Library of Halexandria : http://www.halexandria.org/dward318.htm This was one of the first websites I used when researching transnational corporations