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Multinational companies - Essay Example

Multinational companies are those who operate in more than one country. Hence the term multinational companies define itself as a company which operates or executes its business operations in more than one country. Multi, in this context, may mean more than one and national may mean countries or nations.There are a number of famous companies which we deal with. These companies are famous around the world rather than just operating in their host countries.The dealings of such companies and management of these companies is a complex phenomenon. The Governments of various countries are giving much priority to the health concerns of high-fat and ‘junk’ food. The advertisement campaigns and awareness about the nutritional facts are somehow important for the local residents and the government. Licensing is one of the issues that companies have to deal with when opening a new business or a new franchise. The tax rules of the country that McDonalds, Pizza hut and other companies work in must be adhered to in order to maintain good relationships with the government. Laws and restrictions on the protection of employees, requirement of safe working environment and quality of food to the customers are some of the issues that need careful attention. Laws relating to quality assurance and any deviation from the employment or other regulations may not only result in fines, penalties and huge reputational risk but may also threaten the success of the organization.

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Multinational companies are those who operate in more than one country. Hence the term multinational companies define itself as a company which operates or executes its business operations in more than one country…
Multinational companies
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