Multi-National Companies: A Helpful Directory

Multinational corporation (MNC), also called transnational corporation, any corporation that is registered and operates in more than one country at a time. Generally the corporation has its headquarters in one country and operates wholly or partially owned subsidiaries in other countries.

What are Multinational Companies?

A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management.

Examples of MNCs:

Products and services of MNCs are sold around various countries which require global management. High turnover and many assets, aggressive marketing are some of the features of Multinational Companies. LTI, TCS, Tech Mahindra, Deloitte, Capgemini are some of the examples of MNCs in India.

A multinational corporation (MNC) is usually a large corporation incorporated in one country which produces or sells goods or services in various countries. Two common characteristics shared by MNCs are their large size and the fact that their worldwide activities are centrally controlled by the parent companies.

The main role of multinational company is:

Multinational companies maintain production and marketing operations in different countries. In each country, the business may oversee multiple offices that function through several branches and subsidiaries.

The Top 10 MNC Companies:

1. Microsoft:

Microsoft Corporation is an American multinational technology company. The company has headquarters in Redmond, Washington.

It manufactures, licenses, supports and sells computer software, electronics, and related services. The company was found by Bill Gates and Paul Allen on 4 April, 1975.

2. IBM:

IBM stands for International Business Machines Corporation, which is an American Multinational Technology Company. It is majorly a research organization which has achieved the record for generating most U.S. patents in the past 28 years of Business.

The company is known for producing and selling technology related products ad services. These products include Computer hardware, middleware and software. It also provides hosting and consulting services based on areas between Mainframe computers and Nanotechnology.

3. Nestle:

Nestle is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland.

It is the largest food company in the world, measured by revenues and other metrics, since 2014. It is ranked No. 64 on the Fortune Global 500 in 2017 and No. 33 on the 2016 edition of the Forbes Global 2000 list of largest public companies.

4. Procter & Gamble:

The Procter & Gamble Company is an American multinational consumer goods corporation. It has headquarters in Cincinnati, Ohio.

It was founded in 1837, by William Procter and James Gamble. It specializes in a wide range of personal health/ consumer health and personal care as well as hygiene products.

5. Coca-Cola:

Coca Cola or Coke is a carbonated soft drink manufactured by The Coca Cola Company. It was invented in the 19th century by John Stith Pemberton.

The drink’s name refers to two of its original ingredients coca leaves and kola nuts. The current formula of Coca-Cola remains trade secret. It is one of the most high earning Multinational Company.

6. PepsiCo:

PepsiCo, Inc is an American multinational food, snack and beverage corporation. The company has headquarters in Harrison, New York.

It deals in manufacturing, marketing and distribution of grain-based snack foods, beverages and other products.

7. Citigroup:

CitiGroup Inc. is an American multinational headquartered in New York City.

The company was formed in 1998 by the merger of banking giant Citicorp and financial conglomerate Travelers Group.

8. Sony:

Sony Corporation is a Japanese multinational conglomerate company. The company has headquarters in Minato, Tokyo.

The company deals in music entertainment business, video game console and publishing business. It also manufactures electronic products for the consumer and professional markets.

9. Hewlett & Packard:

The Hewlett-Packard Company commonly known as HP. It is an American multinational information technology company. It has headquarters in Palo Alto, California.

10. Apple. Inc:

Apple Inc. is an American multinational technology company headquartered in Cupertino,California. It designs, develops and sells consumer electronics, computer software and online services.

Apple was found by Steve Jobs, Steve Woznaik and Ronald Wayne in April 1976 to develop and sell Wozniak’s Apple I personal computer.

Main Reason People Prefer MNCs:

MNCs offer standard leaves and over-time compensations. Whereas for a small scale company, this may vary. Career-growth: MNCs tend to have more number of employees , thus have usually bigger teams to work on a project. This allows employees to cross-skill and work on their career development.

MNCs better than Indian Companies:

Even though the representation is more from Indian companies, the preference for international companies remains higher still. In fact, 59% employees working with Indian organizations say MNCs are better employers while 79% MNC employees say their organizations are better places to work.

If you want to join a start up MNC:

Startups in India usually have more transparency when compared to MNCs. In MNCs, you wouldn't even know why you are performing a certain task. At startups, everything is shared with the team and each one's inputs matter.

The multinational corporation is the only organization which has the resources and scope to think, to plan, and to act with worldwide planning of markets and sources. Many international opportunities require capital and technology on scale only large multinational corporations can supply.

Written by: Jeevanantham G