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Question
Study the following case/situation and express your opinion.
There is a company which is having a registered office in Singapore and such a company is having branch offices in Varanasi (India) and Hambantota (Sri Lanka). This company provides cellular services to host countries through their respective branch offices.
- Find out the type of organisation.
- In which country does the company originate?.
- Name any one country which has the branch office of the company.
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Solution
- The company is a multinational company (MNC) because it has its head office in one country (Singapore) and branch offices in other countries (India and Sri Lanka).
- The company originates in Singapore, as its registered office is located there.
- One country with a company branch office is India, in the city of Varanasi. Another country with a company branch office is Sri Lanka, in Hambantota.
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