A multinational company has the need to have a product produced. It has the money and expertise to set up manufacturing facility's India has people that are sitting around twiddling their thumbs because they have nothing to do. So if the company and the unemployed people get together they both benefit. India is a country and country's are notoriously bad at business dealings. Look at what happened in the USSR.
There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.Read more: What_is_the_role_of_Multinational_companies_in_India
Is a multinational company a blessing or course to host society
Multinational companies play an important economic role in developing countries. One example is the ability of multinational companies to fill a country's trade gap by providing an influx of foreign capital.
San miguel i think
One of the merits of multinational companies is that they earn a lot of revenue and help the economy in the country where they are based. A problem with these companies is that they oftentimes outsource labor, which results in layoffs and unemployment .
rules or norms of multinational companies in india?
21 multinational companies are there in india
in india, 21.. and in world, 6500 MNCs
India is the capital worlds capitol of international telemarketing for various companies,
As per ROC data of 2008 there are 916 foreign companies operating in India. 30% of the companies are from USA only.Cheers
India has been the home to a number of multinational companies.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. There are many but here are the few known MNC's in India.British PetroleumVodafoneFord MotorsLGSamsungHyundaiAccentureReebokSkoda MotorsABN Amro Bank
A recent study has ranked country's top 10 multinational companies (MNCs) by revenue.
A president of multinational companies might go by the title C.E.O.
What are the advantages of multinational companies to the developing countries?
Both domestic and multinational companies need to manage cash flow, profitability, and financial reporting. They also need to adhere to regulations and plan for taxes effectively. However, multinational companies have the added complexity of managing foreign exchange risk, differences in tax laws across jurisdictions, and cross-border transactions.
It is a multinational company. Nokia is the largest multinational corporation in India.
Multinational companies exist so they do businesses with other countries. Multinational countries follows the law and regulations of the countries they work with.