GROUP II TEAM MEMBERS VINEETHA CINDHYA DEEPA RENJU SUJIN THOMSON
MAIN CONTENTS Definition of MNC ; Multinational corporate structure ; Corporate hierarchy ; Factors leading to the growth of MNC; Benefits of MNC ; Code of conduct ;
MULTINATIONAL CORPORATION Multinational corporation (or Transnational corporation) (MNC/TNC) : is a corporation or enterprise that manages production establishments or delivers services in at least two countries .
Definition: A multinational corporation is an enterprise that engages in foreign direct investment (FDI) and that owns and controls value added activities in more than one country.
Multinational corporations play an important role in globalization ; some argue that a new form of MNC is evolving in response to globalization: the 'globally integrated enterprise'. MNC’s have existed since1602, in which year the first MNC, the Dutch East India Company, was established.
According to MNCs,it represents a cluster of affiliated firms located in different countries that:
MULTINATIONAL CORPORATE STRUCTURE Multinational corporations can be divided into three broad groups according to the configuration of their production facilities: 1.Horizontally integrated multinational corporations 2. Vertically integrated multinational corporations 3.Diversified multinational corporations
MNCs did not merge overnight. Domestic firms after going through various stages of the evolution process, qualify for being called as an MNC. The process of evolution can broadly be grouped in three successive stages. They are:
CONCLUSION To conclude, we would opine that MNC’s having a wide ambit is enviable to us, as to the fact that, there exists lots of job opportunity paves a path for the increase in National Income. And also to create a better society, with better standard of living, and it increases labour productivity , decrease in unemployment, and also increases the net national income of the country. This will help the government and this will lead to increase in the export and imports in the country.
Wipro Technologies Type :Public (NYSE: WIT) Founded :1945 (Pre Independence) Headquarters :Bangalore Key people: Azim Premji, Suresh Vaswani, Girish S. Paranjpe Industry: Information technology services Revenue: ▲$5.0 billion (2008) USD Net income:▲$677 million (2007) USD Employees:100,000+ (2008) Website :www.wipro.com
Aditya Birla Group Type :Private Conglomerate/Listed Companies. Founded :1900s Headquarters :Mumbai, India Key people: Kumar Mangalam Birla (Chairman) Industry: Metals and several others. Products:Aluminium, Copper, Cement, Fertilizer, Textile, Fibre, etc. Revenue:▲ $24 billion Employees:100,000+ Subsidiaries: Several. Website: www.adityabirla.com