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    BE - Multinational Co.

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    This document is a presentation by Group 5 on the topic of multinational companies. It includes an introduction defining multinational companies and noting their increased presence in India since financial liberalization in 1991. It then lists some of the major multinational companies operating in India and discusses reasons for their interest in the Indian market. The presentation also outlines some business etiquettes in India and both the benefits and difficulties of operating as a multinational company across different countries and cultures.

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    BE - Multinational Co.

    Uploaded by

    Nikitha Dsouza
    40 views12 pages
    This document is a presentation by Group 5 on the topic of multinational companies. It includes an introduction defining multinational companies and noting their increased presence in India since financial liberalization in 1991. It then lists some of the major multinational companies operating in India and discusses reasons for their interest in the Indian market. The presentation also outlines some business etiquettes in India and both the benefits and difficulties of operating as a multinational company across different countries and cultures.

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    This document is a presentation by Group 5 on the topic of multinational companies. It includes an introduction defining multinational companies and noting their increased presence in India since financial liberalization in 1991. It then lists some of the major multinational companies operating in India and discusses reasons for their interest in the Indian market. The presentation also outlines some business etiquettes in India and both the benefits and difficulties of operating as a multinational company across different countries and cultures.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    40 views12 pages

    BE - Multinational Co.

    Uploaded by

    Nikitha Dsouza
    This document is a presentation by Group 5 on the topic of multinational companies. It includes an introduction defining multinational companies and noting their increased presence in India since financial liberalization in 1991. It then lists some of the major multinational companies operating in India and discusses reasons for their interest in the Indian market. The presentation also outlines some business etiquettes in India and both the benefits and difficulties of operating as a multinational company across different countries and cultures.

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    You are on page 1of 12

    Lala Lajpat Rai College

    Business Environment Presentation

    TOPIC : MULTINATIONAL
    COMPANIES

    GROUP 5
    Group Declaration

    •S A C H I A G G A R WA L (9100101)

    •TA R A N D E E P S I N G H A H U J A (9100102)

    •PA L L AV I A R O R A (9100107)

    •P O O J A C H H E D A (9100120)

    •R U C H A (9100 )

    •R A D H I K A J A R I WA L A (9100154)

    •A AT I F S U M A R (9100156)
    Introduction
    Multinational companies are the organizations or enterprises that manage production or
    offer services in more than one country. And India has been the home to a number of
    multinational companies.

    And India has been the home to a number of multinational companies. In fact, since the
    financial liberalization in the country in 1991, the number of multinational companies in
    India has increased noticeably.

    Though majority of the multinational companies in India are from the U.S., however one
    can also find companies from other countries as well. The multinational companies in
    India represent a diversified portfolio of companies from different countries.

    Though the American companies - the majority of the MNC in India, account for about
    37% of the turnover of the top 20 firms operating in India, but the scenario has changed a lot
    off late. More enterprises from European Union like.
    Definition And Meaning
    A multinational corporation (MNC) or transnational corporation (TNC), also
    called multinational enterprise (MNE), is a corporation or enterprise that
    manages production or delivers services in more than one country.
    It can also be referred as an international corporation.
    ILO defined MNC as a corporation which has his managerial head quarters in one
    country known as the home country and operates in several other countries known
    as host countries.
    The first modern MNC is generally thought to be the Poor Knights of Christ and
    the Temple of Solomon, first endorsed by the pope in 1129. The key element of
    transnational corporations was present even back then: the British East India
    Company and Dutch East India Company were operating in different countries
    than the ones where they had their headquarters.
    Multinational corporations can have a powerful influence in local economies as well
    as the world economy and play an important role in international
    relations and globalization.
    Why are Multinational Companies in India?

    There are a number of reasons why the multinational companies are


    coming down to India.
     India has got a huge market.
    It has also got one of the fastest growing economies in the world.
    Besides, the policy of the government towards FDI has also played a major role
    in attracting the multinational companies in India. For quite a long time, India
    had a restrictive policy in terms of foreign direct investment. As a result, there
    was lesser number of companies that showed interest in investing in Indian
    market. However, the scenario changed during the financial liberalization of
    the country, especially after 1991. Government, nowadays, makes continuous
    efforts to attract foreign investments by relaxing many of its policies.
    As a result, a number of multinational companies have shown interest in
    Indian market. 
    List of Multinational Companies in India
    The list of multinational companies in India is ever-growing as a number of
    MNCs are coming down to this country now and then. Following are some of the
    major multinational companies operating their businesses in India:
    British Petroleum
    Vodafone
    Ford Motors
    LG
    Samsung
    Hyundai
    Accenture
    Reebok
    Skoda Motors
    ABN Amro Bank
    Business Etiquettes in India
    Do use titles to address your Indian counterparts, such as “Professor” or “Doctor”. If
    he/she does not have a title, use “Mr.”, “Mrs.”, or “Miss”.
    Do wait for a female business colleague to initiate a greeting whether it is verbal or
    physical. Indian men do not generally shake hands with women out of respect.
    Do remain polite and honest at all times in order to prove that your objectives are
    sincere.
    Don't be take large or expensive gifts as this may cause embarrassment. If you do
    take a gift make sure you present the gift with both hands.
    Don't refuse aggressive in your business negotiations – it can be interpreted as a sign
    of disrespect.
    Don't take any food or drink offered to you during business meetings as this may
    cause offence (sample small portions at least). In addition, it is useful to keep in
    mind that traditionally, and religiously, majority of Indians are vegetarians and do
    not drink alcohol or smoke.
    The Benefits of Multinational Companies 

    SURVIVAL

    GROWTH OF

    OVERSEASMARKETS
    SALES AND PROFIT

    DIVERSIFICATION

    INFLATION AND PRICE

    MODERATION
    EMPLOYMENT

    STANDARDS OF LIVING
    The Difficulties of Multinational Companies 
    POLITICAL AND LEGAL
    DIFFERENCES
    CULTURAL DIFFERENCES
    ECONOMIC DIFFERENCES
    DIFFERENCES IN THE CURRENCY
    UNIT
    DIFFERENCES IN THE LANGUAGE
    DIFFERENCES IN THE MARKETING
    INFRASTRUCTURE
    TRADE RESTRICTIONS
    HIGH COSTS OF DISTANCE
    DIFFERENCES IN TRADE
    PRACTICES
    Conclusion
    The role and impact of multinational corporations, and the degree to which they can dictate
    outcomes to their advantage, have evolved with the changes that have occurred over the last 50
    years in the prevailing economic policy regime. In the post-war decades, multinational companies
    enjoyed a profile and political significance that reflected policy-makers' belief that the future lay
    with big organizations - in both the private sector and the public sector - that had outgrown market
    forces and could control their own commercial environments. The disappointing outcomes of this
    approach have served to show that 'bigness' in itself confers no competitive advantage. 
    We have consequently moved away from misconceived policies of corporatism and
    dirigisme to an understanding of the causes of the wealth of nations which tells us that
    multinational companies are, broadly speaking, as subject to market forces (and also to political
    forces) as other producers. They are important players, but not necessarily more important, for
    good or ill, than other economic entities that evolve spontaneously. We have learned that big is not
    necessarily best: consumers' interests are served simply by efficient businesses, and these vary
    enormously in size. Equally, our present understanding of public policy shows us how governments
    can promote (or, if they insist, undermine) the potential benefits of the international activities of
    businesses. 
    Acknowledgement
    We are grateful to Va d e h i Mam for giving us an
    o p p o r t u n i t y t o g ive a p r e s e n t a t i o n o n t h e Wo r k i n g O f
    Multinational Companies. This experience has been
    e n l i g h t e n i n g . T h a n k yo u M a m f o r g i v i n g u s a c h a n c e t o
    g a i n m o r e k n o w l e d g e o n o u r s u b j e c t . We wo u l d a l s o l i k e
    t o t h a n k a l l t h e p e o p l e w h o p a i d a t t e n t i o n ! T h a n k yo u
    for co-operating.
    Thank You
    Everyone!!

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