Features of Multinational Corporations (MNCS)
Features of Multinational Corporations (MNCS)
Features of Multinational Corporations (MNCS)
controls production of goods or services in at least one country other than its home country. [11] Black's Law
Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25%
or more of its revenue from out-of-home-country operations.[12] A multinational corporation can also be referred
to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational
corporation(TNC), an international corporation, or a stateless corporation.[13] There are subtle but real
differences between these three labels, as well as multinational corporation and worldwide enterprise.
Most of the largest and most influential companies of the modern age are publicly traded multinational
corporations, including Forbes Global 2000 companies. Multinational corporations are subject to criticisms for
lacking ethical standards, and that this shows up in how they evade ethical laws and leverage their own
business agenda with capital, and even the military backing of their own wealthy host nation-states.[citation
needed]
They have also become associated with multinational tax havens and base erosion and profit shifting tax
avoidance activities.
multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or
sells goods or services in various countries.[14] The two main characteristics of MNCs are their large size and
the fact that their worldwide activities are centrally controlled by the parent companies. [15]
1. Cheaper Labor
One of the advantages of multinational corporations is the opportunity to operate in countries where labor is not
as expensive. This is one of the perks that smaller companies do not enjoy. Multinationals can set up their
offices in several countries where demand for their services and products are high while cheaper labor is
available.
2. Broader Market Base
By opening establishments or offices in several countries, multinationals increase their chances of reaching out
to customers on a global scale, a benefit which other companies limited to regional offices and establishments
do not have. The access to more customers gives them more opportunities to develop and cater their products
and services that will fit the needs of potential customers.
3. Tax Cuts
Multinationals can enjoy lower taxes in other countries for exports and imports, an advantage that owners of
international corporations can take at any given day. And although not all countries can have lower tariffs, there
are those that give tax cuts to investors to attract more international companies to do business in these
countries.
4. Job Creation
When international companies set up branches in other countries, employees and members of the team are
locals. That said, more people are given employment opportunities especially in developing countries.
List of Disadvantages of Multinational Corporations
The Coca-Cola system in India has already invested $2 billion till 2011, since its re-entry into
India. The company will be investing another $5 billion till the year 2020. The Coca-Cola system
in India directly employs over 25,000 people including those on contract. The system has
created indirect employment for more than 1,50,000 people in related industries through its
vast procurement, supply and distribution system. We strive to ensure that our work
environment is safe and inclusive and that there are plentiful opportunities for our people in
India and across the world.
Coca-Cola India Pvt Ltd is a wholly-owned subsidiary of The Coca-Cola which manufactures and
sells concentrate and beverage bases and powdered beverage mixes. A Company-owned bottling
entity, namely, Hindustan Coca-Cola Beverages Pvt Ltd, thirteen licensed bottling partners of
The Coca-Cola Company, who are authorised to prepare, package, sell and distribute beverages
under certain specified trademarks of The Coca-Cola Company; and an extensive distribution
system comprising of our customers, distributors and retailers are the other pillars of this
system.
Coca-Cola India Private Limited sells concentrate and beverage bases to authorised bottlers.
These authorised bottlers independently develop local markets and distribute beverages to
grocers, small retailers, supermarkets, restaurants and numerous other businesses. In turn,
these customers make our beverages available to consumers across India.
Microsoft India
Microsoft India Private Limited is a subsidiary of American software company Microsoft Corporation,
headquartered in Hyderabad, India. The company first entered the Indian market in 1990 and has since worked
closely with the Indian government, the IT industry, academia and the local developer community to usher in
some of the early successes in the IT market. Microsoft currently has offices in the 9 cities
of Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, the NCR (New Delhi and Gurgaon)
and Pune.[2][dead link]Increasingly, the company has become a key IT partner of the Indian government and
industry, supporting and fueling the growth of the local IT industry through its partner enablement programs.
Since its entry into India, Microsoft has focused on three key objectives:
To become a key IT partner of the Indian government and the local IT industry
To support and fuel growth of the local IT industry through its partner enablement programs
To use the Microsoft Unlimited Potential program to enhance education, jobs and opportunities and foster
innovation through relevant, affordable access to computing.
Microsoft in India employs about 6,500 people and has six business units representing the complete Microsoft
product portfolio. Bhaskar Pramanik, Chairman of Microsoft India, announced that Microsoft intends to provide
free internet connectivity across India.[3]
Microsoft India increased maternity leave for their female employees in 1 February 2016 from 3 months to 6
months (if the child was born from the woman), and for mothers of adopted children to eight calendar weeks
Tata Motors
From Wikipedia, the free encyclopedia
Type Public
Industry Automotive
Products Automobiles
Sport Cars
Commercial vehicles
Coaches
Buses
Construction equipment
Military vehicles
Automotive parts
Website www.tatamotors.com
Tata Motors Limited (formerly TELCO, short for Tata Engineering and Locomotive Company) is
an Indian multinational automotivemanufacturing company headquartered in Mumbai. It is a
subsidiary of Tata Group, an Indian conglomerate. Its products include passenger cars, trucks, vans,
coaches, buses, sports cars, construction equipment and military vehicles.[3]
Tata Motors has auto manufacturing and assembly plants
in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina,
South Africa, Great Britain and Thailand. It has research and development centres in Pune,
Jamshedpur, Lucknow, and Dharwad, India and in South Korea, Great Britain and Spain. Tata
Motors' principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the
maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata
Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo),
a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction
Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and
Fiat Chrysler and Tata branded vehicles.
Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial
vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered
the passenger vehicle market in 1988 with the launch of the TataMobile followed by the Tata
Sierra in 1991, becoming the first Indian manufacturer to achieve the capability of developing a
competitive indigenous automobile.[4] In 1998, Tata launched the first fully indigenous Indian
passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata
Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in
2004 and purchased Jaguar Land Rover from Ford in 2008.
Tata Motors is listed on the (BSE) Bombay Stock Exchange, where it is a constituent of the BSE
SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The
company is ranked 226th on the Fortune Global 500 list of the world's biggest corporations as of
2016.[5]
On 17 January 2017, Natarajan Chandrasekaran was appointed chairman of the company Tata
Group.
Subsidiaries[edit]
Companies with TATA name[edit]
Subsidiary companies of the Tata Group and joint ventures using 'TATA' in their names include:
Tata Motors — India's largest & the world's 5th largest automobile company.
Tata Motors' principal subsidiaries include:
Tata Motors Cars — produces passenger cars under the Tata Motors marque
Jaguar Land Rover — British company making Jaguar Cars and Land Rover (including Range Rover)
vehicles
Fiat-Tata — former joint venture with Fiat which manufactured Fiat and Tata branded vehicles, and
automotive components.
Tata Daewoo
Tata Hispano — coach builder
Tata Hitachi Construction Machinery
Tata Marcopolo
Tata Technologies – Engineering, Product Lifecycle Management, Information Technology,
Automotive, Aerospace, Construction and Heavy Machinery, Manufacturing and Digital Manufacturing
Tata Power — India’s largest private sector electricity producer
Tata Power Solar
Tata Projects - Engineering, Procurement & Construction
Tata Salt- a subsidiary of Tata Chemicals
Tata Sky — a Direct To Home service company in alliance with British Sky Broadcasting and
Newscorporations STAR
Tata Starbucks- a joint venture between Tata Global Beverages and Starbucks(US).
Tata Steel, World's 12th largest steel company.
Tata Steel Europe, formerly Corus group
Tata Steel BSL, a steel company formaly known as Bhushan steel limited.
Tata Sponge Iron Ltd.
Tata metaliks Ltd.
Tata Teleservices — India's second largest CDMA telecom company.
Air Asia India – A scheduled passenger low cost airline (Joint venture with AirAsia)
Indicash ATM – Tata ATMs
Brunner Mond – subsidiary of Tata Chemicals
C-Edge Technologies — TCS-SBI joint venture
CMC Limited — (Computer Maintenance Corporation) IT services, consulting and software company
Computational Research Laboratories — Tata initiative in high performance computing
e-Nxt Financials ltd. — enterprise solutions provider
Infiniti Retail Cromā
Jaguar Land Rover — British car manufacturer, formed in 2013 when Jaguar Cars and Land Rover (both
acquired from US multinational Ford in 2008) were merged
Jamshedpur FC — Jamshedpur Football Club which played in a Indian Super League which is top-tier
professional league in India
Mjunction – a Tata Steel & SAIL Joint venture - India's Largest B2B E-Commerce company
Rallis India Limited — an agricultural research company
Taj Air Chartered flights
Taj Hotels Resorts and Palaces — owner of 'Taj' hotels
Tanishq — a jewelry brand in India
Tetley — UK based international tea brand
Titan Industries — a joint watchmaking venture in India between the Tata Group and the Tamil Nadu
Industrial Development Corporation (TIDCO)
Trent (Westside) — a retail chain
TRL Krosaki Refractories Limited — a refractory company, formerly Tata Refractories Limited with Krosaki
Harima Corporation.
Voltas
Vistara — an Indian airline that is a joint venture with Singapore Airlines
VSNL International Canada — based in Canada
TitanX-Powertrain Cooling
Sony India
From Wikipedia, the free encyclopedia
Jump to navigationJump to search
For the television channels, see Sony Entertainment Television and Sony Pictures Networks.
Industry Entertainment
Television
Sony India Pvt. Ltd., based in New Delhi,[1] is the Indian subsidiary of Japan's Sony corporation,
headquartered in Tokyo.
Sony's principal Indian businesses include Marketing, Sales and After-Sales Service of electronic
products & software exports Products: LCD Televisions, Video and Digital Still Cameras, Notebooks
and Business Projectors, Personal Audio, Audio Video Accessories, Hi-fi Audios and Home Theater
systems, Car Audio and Visual Systems, Game Consoles, Mobile Phones, Recording Media and
Energy Devices, Broadcast and Professional products. [2]
In India, Sony has its footprint across all major towns and cities in the country through a distribution
network of over 10,400 dealers and distributors, 270 exclusive Sony outlets and 23 direct branch
locations.[3] Moreover, Sony's 19 sales branches cover a total of 450 cities. It has also developed a
network of 270 Sony Center and established 30 warehouses across the country to manage its supply
chain effectively.[4]
Nestlé
From Wikipedia, the free encyclopedia
Nestlé S.A.
Aerial view of Nestlé's corporate headquarters building in Vevey, Vaud,
Switzerland
ISIN CH0038863350
Nestlé S.A. (/ˈnɛsleɪ, -li, -əl/, formerly /-əlz/; French: [nɛsle]) is a Swiss transnational food and drink
company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world,
measured by revenues and other metrics, since 2014.[3][4][5][6][7] It ranked No. 64 on the Fortune Global
500 in 2017[8] and No. 33 on the 2016 edition of the Forbes Global 2000 list of largest public
companies.[9]
Nestlé's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea,
confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. Twenty-nine of Nestlé's
brands have annual sales of over CHF1 billion
(about US$1.1 billion),[10] including Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel,
and Maggi. Nestlé has 447 factories, operates in 189 countries, and employs around 339,000
people.[11] It is one of the main shareholders of L'Oreal, the world's largest cosmetics company.[12]
Nestlé was formed in 1905 by the merger of the Anglo-Swiss Milk Company, established in 1866 by
brothers George and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri
Nestlé.[13] The company grew significantly during the First World War and again following the Second
World War, expanding its offerings beyond its early condensed milk and infant formula products. The
company has made a number of corporate acquisitions, including Crosse & Blackwell in
1950, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, Klim in 1998, and Gerber in
2007.
Nestlé has a primary listing on the SIX Swiss Exchange and is a constituent of the Swiss Market
Index. It has a secondary listing on Euronext.