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HRS Global (HRSG) is a leader in the HR services industry, established in 1992, HRSG has offices and affiliates in Pakistan, Bangladesh, UAE and the United States, with over 370 clients and a total workforce in excess of 20,000 associates.
Are you looking for multinational companies in Pakistan? b2c.com.pk presents contact information, addresses & names of the best multinational organizations. Discover nearby MNC in Pakistan around you with b2c.com.pk extensive business listings directory and send an email inquiry or make call to the best one.
HRS Global (HRSG) is a leader in the HR services industry, established in 1992, HRSG has offices and affiliates in Pakistan, Bangladesh, UAE and the United States, with over 370 clients and a total workforce in excess of 20,000 associates.
KS & Associates is an architectural consultancy firm based in Lahore, Pakistan. The Principal architect of the Firm has been active for more than 30 years in design, planning and implementation of architectural engineering and infrastructure projects.
Riaz ur Rehman Khan and Associates established in 1984, which over the years developed into a major architect design firm based in Lahore, Pakistan.
The design circle of Pakistan is well aware of the name Modelo as this name is working in the field of architect designs for the last 30 years, based in Lahore.
Every activity of GCCI is directed towards the promotion and protection of the business interest of its members at National and International level.
Since its inception in 1950, the FPCCI has advocated and voiced the collective opinion, concern and aspiration of the private sector and offered helpful advice and solid assistance to the Government in its efforts to promote exports, encourage foreign investment and stimulate economic activity in the country.
A multinational company is the company that works from its home country and also works from other countries all around the world. They have their one branch located in one country that operates management operation of all offices from the main branch. Companies that export its goods to more than one country are not known as multinational company. To be a multinational company they need to have separate business in other countries. The company must make their foreign direct investment in that country.
Below we describe some of the common characteristics of Multinational Corporation
High Turnover and Assets-To be a multinational company the company should possess large amount of assets including both types of assets financial and physical. The company target should be high and must generate substantial amount of profit.
Network of branches- the production and marketing operation are performed by them in various countries. The company see multiple offices that function via several branches.
Control- the control of all offices management is in the hands of head office that are located in the home country. Thus other offices command is handled by home country company.
Continued Growth- they keep on growing even if they operate in multiple countries they strive to upgrade themselves through different mergers and acquisitions.
Sophisticated technology- when company expands globally they make sure that their investment will increase significantly. To increase their growth they need to use intense technology resource for their marketing activities and production.
Right Skills-Multi-national companies hire employees that have right type of skills to handle large fund. They must handle workers and manage businesses through advanced technology.
Forceful marketing and advertising-They need to spend large amount of money on marketing and advertising as it is most effective survival strategy. Thorough their marketing and advertising tools they can sell their products.
Good quality products-As they have latest technology and they spend large amount on advertising and marketing so there products quality is of top notch quality.
Many companies want to be a multinational company the reason why they want to be multinational companies is described below
Access to low production costs-They set up their production in developing countries so they need to spend less on production. When you set up the manufacturing plants in other countries it become very cost efficient for the companies. As they are large in sizes multinational companies can take the advantage of economies of scale and become a global brand.
Target international markets-It is best for multinational company to set up their business in the countries where there target audience is located this will help you to reduce the transport cost and company can easily get the feedback of customers.
Access to large pool of talent- multinational companies can hire employees from all around the world that help them to get access best person that has technical and innovative thing to bring changes in your products.
Avoidance of tariffs-when a company that manufactures their products in another country they also sell products in other countries so they are exempted from tariffs and import quotas.
There are many benefits of being MNC
Efficiency- multinational companies reach easily to the target markets because they are manufacturing the products in same country. They get cheap labor cost and raw material.
Development-Multinational companies pay better than domestic organization that made them attractive job opportunity by the labor price. Local government also favors them because they pay heavy amount of tax amount that help them to boost country economy.
Employment-they hire local workers that know the culture of the area and give useful feedback on what the local people want from them.
Innovation- they hire both local and foreign employees so they come up with the products ideas that are innovative and creative.
They expand the product variety, grow customers, increase market share, reduce shipping cost and meet consumer demand.
Some of the disadvantages of MNS are the environmental resources are depleted because you need land requirement in other countries that impact the natural resources. Always look for sustainable alternatives so that your organization impact less on environment. When you work in multiple areas it become complicated to comply with regulation of each area. So companies should invest in skillful experienced team of accountant that is familiar with the requirement of country.
Below we describe some tips to see whether becoming a multinational company is best choice for you or not
A multinational company is the company that work from its home country and also work from other countries all around the world. They have their one branch located in home country that operates management operation of all offices from the main branch. In this article we have discussed about the characteristic, advantages and tips to decide if you want to be multinational company. If you are searching for the best multinational companies within Pakistan then you have come to right place. We have updated the list of best multinational companies for you.