Quick Answer: What Are The Features Of Multinational Companies?

What are the top 10 multinational companies?

Top 10 Multinational CompaniesMicrosoft.Nestle.PepsiCo.HP- Hewlett & Packard.Coca-Cola.Sony.Procter & Gamble.Citigroup.More items…•.

What are the benefits of multinational companies?

Benefits of Multinational CorporationsCreate wealth and jobs around the world. … Their size and scale of operation enable them to benefit from economies of scale enabling lower average costs and prices for consumers. … Large profits can be used for research & development. … Ensure minimum standards.More items…•

What is MNC and its advantages and disadvantages?

Taxes and Other Costs – Taxes are one of the areas where every MNC can take advantage. Many countries offer reduced taxes on exports and imports in order to increase their foreign exposure and international trade. Also countries impose lower excise and custom duty which results in high profit margin for MNCs.

Why are the multinationals so powerful?

Clearly, multinational corporations gain much of their power from their ability to efficiently operate, coordinate, and manage transactions between states. In the name of efficiency MNCs can and will shift production from states with high costs to states with low costs.

What are the types of multinational companies?

The Four Types of Multinational Business (And the Financial Benefits of Each)Multinational Decentralized Corporation. A decentralized multinational corporation maintains a prominent presence in its home country. … Global Centralized Corporation. … International Company. … Transnational Enterprise. … Contact MKS&H.

What is the top 10 brands in the world?

TOP 10 Most Valuable Brands In The World#1. Apple inc. $205.5 bln.#2. Google. $167.7 bln.#3. Microsoft. $125.3 bln.#4. Amazon. $97 bln.#5. Facebook. $88.9 bln.#6. Coca-Cola. $59.2 bln.#7. Samsung. $53.1 bln.#8. Disney. $52.2 bln.More items…•

What are the features of MNCs Class 10?

Following are the salient features of MNCs:(i) Huge Assets and Turnover: … (ii) International Operations Through a Network of Branches: … (iii) Unity of Control: … (iv) Mighty Economic Power: … (v) Advanced and Sophisticated Technology: … (vi) Professional Management: … (vii)Aggressive Advertising and Marketing:More items…

What is a multinational company?

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.

What are MNCs give one example?

List of Multinational Companies in IndiaMicrosoft.Apple.LTI.Deloitte.Coca Cola.TCS.Accenture.IBM.More items…

What are the disadvantages of multinational companies?

Disadvantages of Multinational Corporations in developing countriesEnvironmental costs. Multinational companies can outsource parts of the production process to developing economies with weaker environmental legislation. … Profit repatriated. … Skilled labour. … Raw materials. … Sweat-shop labour.

What are the top 5 richest companies?

Top 10 Richest Companies in the World in 2019 by RevenueChina National Petroleum – $392.9 billion revenue in 2019.State Grid – $387 billion in revenue in 2019.Saudi Aramco – $355.9 billion revenue in 2019.BP – $303.7 billion revenue in 2019.Exxon Mobil – $290.2 billion revenue in 2019.Volkswagen – $278.3 billion revenue in 2019.Toyota Motor – $272.6 billion revenue in 2019.More items…

What is the biggest company in the world 2020?

Saudi AramcoWith a market capitalization of 1.68 trillion U.S. dollars as of April 2020, Saudi Aramco was the world’s largest company in 2020. Rounding out the top five were some of the world’s most recognizable tech brands: Microsoft, Apple, Amazon, and Google’s parent company Alphabet.