Multinational Company

Subject: Accountancy

Overview

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Things to remember
  • A multinational company is a large business organization which is established in one country as the parent company and which performs its manufacturing, trading and service business in other countries its subsidiaries or branches.
  • Coca-Cola Company, Pepsi, Unilever, Panasonic Corporation, Asian Paint, Nepal Lever Ltd, Standard Chartered Bank, Nepal Arab Bank, Surya Tobacco Co. Pvt. Ltd, Hotel Holiday Inn, Kwality Ice cream etc. are the example of a multinational company.
  • The capital of a multinational company is very large, its assets and sales are also quite large. The turnover of some multinational company is much more than the annual budget of many developing countries.
  • A multinational company transfers a huge amount of capital, advanced technology and professional management to a developing country like Nepal through its branch or subsidiary.

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