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"World's local company" what could be the possible inner meaning of this slowgun of an MNC, who runs busineas in different countries?

If It means to me, this company is characterised by local cultures and practices, how far this company will meet international stander rules? Will that company be a compliant organisation or will be non-compliant organisation?

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Question ajoutée par Golam Muhammed Pasha Pasha , 3rd Layer Managment , APM Global Logistics Bangladesh Ltd Trading as Damco A/S
Date de publication: 2014/07/04
amer jayyousi
par amer jayyousi , Business Development Consultant , freelance

i will give you an example which will explain the meaning,coca cola and pepsi are world local companies as they have factories and presence in almost every country.

they are considered local companies that employ local employees ,pays taxes,participates in some fund raising campaigns,....etc.but thaty are still an international company with main head offices in new york for example.

ALAMGEER HUSSAIN HASHMI
par ALAMGEER HUSSAIN HASHMI , REGIONAL SALES & OPERATIONS MANAGER , Uth Healthcare Pvt., Ltd

MNC's have tie ups with local companies/maufacturers  for getting their goods manufactured locally thus seem to call itself as world's local company.They utlilize all overworld the services of  third party manufacturing for their produce.They have negligible stakes in local market with just few multinational companies having their own  manufacturing facilities world over they operate locally with  just the CFA ,Distributors and Marketing Staff and majority of profts go to the parent company.

Mohammed Thiab
par Mohammed Thiab , Founder / Chief Consultant , MV Consulting

Multi-National Companies (MNC's) are companies that operate, own and/or control production/services facilities in multiple countries other than the original home country. 

 

When these companies raise slogan's like "world local company", this could mean many different things 

  1. Taken positively,   MNC's may want to tell the world that they are a local company from this world global perspective.  Treating the world as a big global village ... or ... as one big country .. where the company takes the liberty to exist, operate, move ... from one loation to another ... freely according to business needs and to serve their customers/markets in the best way possible 
  2. Taken negatively,  MNC's are saying they look at the world as their play yard .. across borders, governments, regulations.... and what so ever.  They really do not care a shit for these governments and the people in the countries they operate in. They have no commitments or obligations towards anyone except the owners/share holders of the MNC's and how to maximize their profits, assets, and their control on world markets 

Ahmed Fathy
par Ahmed Fathy , General Manager + EBRD International Adviser , RUBEX for Metal Industries

i also agree with Mr. M taib

zafar abbas minhas
par zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

agreed with mr.taib....

Utilisateur supprimé
par Utilisateur supprimé

Agreed with Mr. Tihab

Umer Butt
par Umer Butt , Male Nurse , Dr. Sulaiman Al Habib Hospital

A type of moderate size business, company, enterprise or organization located in a local area of a country and provides commodities, goods, products or services. Local companies are an important facet of a local economy.

hossam azzam
par hossam azzam , Fast food restaurant,s manager. , alexandria-egypt

I do agree with Mr.: Mohammed thiab  & Mr,: Amer & Mr,: Zafar  too

Gulshan Aghayeva
par Gulshan Aghayeva , Contracts Manager , Masdar Azerbaijan

Sounds like a commercial to me... "World's local company" is an MNC having presence in every world jurisdiction acting like a local. Very typical of such MNC is HSBC bank which once characterised itself as World's local bank

Raafat Sallam
par Raafat Sallam , Organizational Development and Training Consultant , Training Centers, Marketing Organizations.

Agree with Mr. Mohammed Thiab

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