Presentation On Mncs in India
Presentation On Mncs in India
Presentation On Mncs in India
-JUGAL
INTRODUCTION
Multinational corporations are business entities that operate in more than one country. The typical multinational corporation or MNC normally functions with a headquarters that is based in one country, while other facilities are based in locations in other countries.
OBJECTIVES
COMMITMENT AT GLOBAL LEVEL EMPOWERED LOCAL MANAGEMENT LOCALISED PRODUCT/MARKET BUSINESS MODELS
ADVANTAGES OF MNCS
Initiating a higher level of investment. Reducing the technological gap as there is a transfer of technology. The natural resources are utilized in true sense. The foreign exchange gap is reduced. Boosts up the basic economic structure. It increases the host country exports and reduce its imports. There is increase in competition. More scope for innovation.
DISADVANTAGES OF MNCS
Competition to SMSI. Pollution and Environmental hazards. Some MNCs come only for tax benefits only. Exploitation of natural resources. Lack of employment opportunities. Diffusion of profits. Working environment and conditions. Slows down decision making. Economical distress. May acquire Monopoly power. Think about Profit only and no welfare motive. Inflexibility in terms and conditions.
CASE STUDY-MCDONALDS THE SUCCESSFUL JOURNEY OF AN EXTREMELY POPULAR INTERNATIONAL BRAND IN INDIA
THE BRAND-MCDONALDS BEGINNING TWELVE YEARS OF MCDONALDS IN INDIA PHASE I - LAUNCHING THE BRAND PHASE II BRAND ADVERTISING PHASE III APPEALING TO BOTH ENDS OF THE AGE SPECTRUM
The journey of MCDONALDS has not been easy. However, due to extensive marketing and advertising strategy, it has been established itself very successfully and has become a success story for other MNCs to follow.
OVERALL CONCLUSION
MNCs have had mixed results in India. Many MNCs who were remarkably successful elsewhere, have failed or are yet to succeed. Indian markets poses special challenges due to its heterogeneity , in terms of economic development, income, religion, cultural mix and tastes. Success in India will not happen overnight; companies need to have an open mind. MNCs have to invest substantially financial and managerial resources to understand customers needs and come up with suitable products.