A corporation which has possessions and other facilities in at least one country other than its home country can be called as a MNC or a Multinational Corporation. Such companies will have branches established in different countries and a headquarters, from where they’ll manage the other offices. These companies can also be called stateless companies, as they are not concentrated on a single state.
The actions of these companies are towards a free market, without any boundaries and restrictions, and economic liberalism. One of the very first MNC is the East India Co. Initially Multinational Companies were built for the purpose of control of trade on the slave country by its master. But as time passed, the concept of slave-master vanished and these MNC’s concentrated only on the trade and economy. Listed below are the top 10 multinational companies in the world 2018.
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10. Autodesk Inc.
Autodesk is an American MNC which produces software for architecture, drawings, engineering, construction etc. Founded in 1982, by John Walker, is headquartered at San Rafael, California. One of the most widely used architecture or drawing software of the company is AutoCAD. It is taught in colleges and is one of the highest downloaded software. The company employs over 9000 people. The other famed software of the company are 3ds Max, Revit, Pixlr and Sketchbook.
Diageo is a multinational company based in London, UK. It is an alcoholic beverage manufacturer. It is the largest producer of beer in the world. It has offices in around 85 countries and has market in 180 countries. It was founded in 1997 and employs around 35000 people. The most famous products of the company are Johnnie Walker, Guinness, Smirnoff and Baileys.
8. W.L Gore and associates
This is an US based multinational company famous for the products it manufactures from fluoro-polymers. It has its headquarters in Newark, Delaware. It was founded in 1958 by Bill Gore. The first product from the company was insulated wires using PTFE. His son, the present CEO, suggested a new technique which led to the production of company’s most successful product, Multi-tat cable. The company employs 12000 people.
FedEx is a MNC courier service based from Tennessee, USA. FedEx is the acronym of Federal Express. The company was founded in 1971 by Frederick Smith. The company is famous for its one-day delivery service. They were the first delivery company, to introduce tracking and return of package, which made them the leader in its field. It is one of the largest employer in the world with over 300,000 employees.
This again is a US based Multinational company based from Maryland. The company is specialized in hospitality services and has many 5-star hotels spread across different parts of the world. It was found in 1927 by the Marriott family. It has hotels in around 120 countries and has numerous properties in most of the countries. It employs around 200,000 people and is one of the top MNC.
This is one of the most famous global software company, based that hails from Redmond, Washington. It is specialized in manufacturing computer accessories, software, licenses, and Operating systems for PC’s across the world. It was founded by Bill Gates and Paul Allen in 1975. The company is one of the most valued and holds high shares in NASDAQ. It is active in search engine field and Gaming field also. The company employs 115,000 all over the world.
4. Kimberly-Clark Inc.
This again is a US based company specialised in producing personal care products mostly paper-based products. It was founded in 1872 and is based in Irving, Texas. The most famous products of this MNC are Kleenex face tissues, Kotex, KimWipes and Huggies. The company has about 45,000 employees and is one of the most valued healthcare MNC.
3. NetApp Inc.
This is a US- based data management Multinational Company that is headquartered in California, United States. The MNC offers applications, software and systems to manage and store data. Its headquarters is in Sunnyvale, California. It was founded in 1992 by David Hitz has been a leading company in its field since then. The most important product of the company is the proprietary DATA ONtap OS. The company employs around 11,000 people worldwide and has recorded an income of US$ 229 million in the year 2015. It serves worldwide and is considered to be one of the spearheads in network storage industry.
2. Google Inc.
The company is known for its internet-related services and online search, cloud and software. The company was founded by Larry Page and Sergey Brin in 1998 and is headquartered in Mountain View, California. It is the world’s largest search engine which provides data on anything and everything. Some of the famous Google services are Playstore, Drive, YouTube, Blogger and many more. It generates around 25 petabytes of data every day from the 1 billion search requests it gets. It employs 57,000 people worldwide. It is currently a subsidiary of Alphabet Inc. and is derives most of its profit from Google AdWords Services.
1. SAS Inc.
SAS is the acronym for Statistical Analysis System. The company was founded in 1976 by Anthony James Barr. The headquarters is located in Cary, North Carolina. It is also the world’s largest Private software publisher with SAS being its popular product that helps to access, manage and study to assist in decision-making. It is said that the revenue earned by the company is entirely devoted for its research and development. It has an annual turnover of around $3 billion and employs around 15000 people. It is known for its popular workplace culture and has been ranked at the top positions in the Forbes list of ‘Best Company to Work For’ since years.
It is notable that these companies are not only leading in having highest of the assets but also, these are highly productive where they are known to offer great working environments to their employees.