Abstract

This paper aims to explore the multinational companies operating in Pakistan that are convincingly aware of Islamic, cultural, and ethical values. To study a sample survey designed to gather and analyze information on the significance of these values? Do non-Muslim Pakistani multinational executives have scant knowledge of cultural, religious, and moral values? Is the impact of the existence of multinational companies on the local culture of Western values? Do the expectations differ to some degree from those of the locals? Will the contribution of foreign corporations to the host countries make a meaningful contribution to the socio-economic stability and economic growth of the host country? Will the perception of the administrators of global corporations vary from that of multinational clients? The targeted survey consists of two categories, i.e. multinational managers and multinational clients, and found that multinational managers are mainly Muslim in the education sector, while 96 percent of multinational respondents have been residing in the residential sector since birth. When the Asian financial crunch severely affected the region, transnational businesses played a significant role in the rebuilding of Pakistan's economy and caused a considerable export-oriented character in economic development, the economy recovered rapidly compared to any other region with the aid of multinational companies.

Highlights

  • Multinational Companies (MNCs) operate throughout the world, the role of these organizations in the development of foreign investment is crucial, the main objective of which is, first, to obtain capital and, secondly, to pay for success in the sector, there is no denying the fact that multinational companies have an influential role in the control of the manufacturing process, and the multinational firms are contributing to communications, transport and power networks and are developing the world's IT network and space technology

  • MNCs affect invariably foreign and even the host markets, "investments by multinational corporations can have a large impact on a host country" (Caves 1974)

  • In this analysis of Islam, at the very least, it appears that Islamic teaching appeals to almost all people, and even to those who have been living in Pakistan for a long time, it is essential to recognize how the Muslims are fervently committed to Islam, it offers a comprehensive and decent way of life deprived of discrimination in race, color, or social structure

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Summary

Introduction

Multinational Companies (MNCs) operate throughout the world, the role of these organizations in the development of foreign investment is crucial, the main objective of which is, first, to obtain capital and, secondly, to pay for success in the sector, there is no denying the fact that multinational companies have an influential role in the control of the manufacturing process, and the multinational firms are contributing to communications, transport and power networks and are developing the world's IT network and space technology.Large corporations with considerable activity in agriculture, petrochemicals, airlines, and other sectors, despite the competitive position of multinational companies, appear to face unique challenges to the elimination of local resources and the deprivation of jobs and income rights, as well as the reduction of the industrial growth of host nations, which can create an inevitable circumstance for such unprivileged and underdeveloped nations. Multinational Companies (MNCs) operate throughout the world, the role of these organizations in the development of foreign investment is crucial, the main objective of which is, first, to obtain capital and, secondly, to pay for success in the sector, there is no denying the fact that multinational companies have an influential role in the control of the manufacturing process, and the multinational firms are contributing to communications, transport and power networks and are developing the world's IT network and space technology. MNCs affect invariably foreign and even the host markets, "investments by multinational corporations can have a large impact on a host country" (Caves 1974). Multinational companies have played a crucial role in Pakistan's growth, but have contributed to the production, marketing, joint venture (JV), and other relevant sectors. Multinational Companies are completely based on a group of companies engaged in the manufacture and sale of goods to the nearest countries through networks and alliances

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