TYPES OF IT COMPANY:
- Multi National Company(MNC)
- Product Based Compnay
- Service Based Company
- Startup Company
1.Multi National Company(MNC):
Basically The Multi National Company is the branch is have in mutiple country to develop the business so the projects and services is highly valuable to this technical world people so thats why MNC company provides high salaries and high specialized technology stacks.
A Multinational corporation MNC also called a multinational enterprise (MNE), transnational enterprise transnational corporation international corporation, or stateless corporation, with subtle but contrasting senses) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks.
A Multi National Company (MNC) is a large corporation that operates in multiple countries.
MNCs have subsidiaries, branches, and operations in different countries.
They benefit from economies of scale and diverse market opportunities.
MNCs have a global presence, influencing the global economy and trade.
They may have centralized management but adapt strategies to fit local markets.
MNCs play a significant role in creating employment opportunities worldwide.
They are influential players in the business world, with substantial resources and reach.
Example:
1. Google - Offers internet services globally, including search, advertising, and cloud computing.
2. McDonald's - Operates fast-food restaurants worldwide, serving burgers, fries, and other menu items.
3. Microsoft - Develops and sells software, electronics, and cloud services worldwide.
4. Coca-Cola - Produces and distributes non-alcoholic beverages internationally, including soda, juices, and water.
5. Toyota - Produces and sells automobiles and automotive parts globally.
6. Samsung - Manufactures consumer electronics and home appliances, distributing products worldwide.
7. Nestle - Offers food and beverage products in various countries, including chocolate, coffee, and bottled water.
8. Walmart - Operates retail stores worldwide, selling a wide range of products at affordable prices.
9. Volkswagen - Designs and manufactures cars and commercial vehicles, selling them internationally.
10. Apple - Designs and sells electronic devices globally, including iPhones, iPads, and Mac computers.
2.PRODUCT BASED COMPANY:
The product based company is like they build their own products as a digital or physical products and sell it on social world and they provide more valuable services and they also earn high amount of profit in a year.
Product-based companies focus on designing, manufacturing, and selling physical products to consumers or businesses.
They create tangible goods that are sold through retail stores, online platforms, or wholesalers.
These companies invest in research and development to innovate their products.
They establish supply chains for manufacturing and distribution of products.
Product-based companies engage in marketing and sales activities to promote their offerings.
They drive consumer demand, create jobs, and contribute to innovation and technological advancements in the economy.
Example:
1. Apple - Designs and sells electronics such as smartphones and computers.
2. Nike - Produces and markets athletic footwear and apparel.
3. Samsung - Manufactures consumer electronics and home appliances.
4. Procter & Gamble - Sells consumer goods like personal care products and household items.
5. Ford - Designs and manufactures automobiles for consumers worldwide.
6. Coca-Cola - Produces and distributes non-alcoholic beverages globally.
7. Sony - Creates and sells consumer electronics, gaming consoles, and entertainment content.
8. Nestle - Offers a wide range of food and beverage products.
9. Johnson & Johnson - Provides healthcare and pharmaceutical products.
10. General Motors - Manufactures and markets automobiles and automotive parts.
11. Unilever - Sells food, cleaning, and personal care products.
12. Toyota - Produces and sells automobiles and automotive parts.
13. Adidas - Designs and markets athletic and sports apparel and footwear.
14. Dell - Develops and sells computers, laptops, and accessories.
15. L'Oréal - Produces cosmetics, skincare, and hair care products.
16. General Electric - Manufactures and sells industrial products and appliances.
17. Pepsico - Offers a variety of food and beverage products.
18. Microsoft - Develops software, electronics, and cloud services.
19. BMW - Designs and manufactures luxury automobiles and motorcycles.
20. Amazon - Sells a wide range of products online, including electronics, books, and household items.
3.SERVICE BASED COMPANY:
A service-based company is a business that provides services to customers instead of selling physical products. These services can include things like consulting, cleaning, repair, or transportation. Service-based companies offer expertise, skills, or labor to help customers solve a problem or meet a need. Examples of service-based companies include consulting firms, cleaning services, hair salons, and transportation companies. Instead of selling a product, these companies sell their time, knowledge, or expertise to deliver value to their customers.
Example:
1. Accenture - Offers consulting, technology, and outsourcing services to help businesses improve efficiency and performance.
2. Uber - Provides on-demand transportation services through a mobile app connecting riders with drivers.
3. Airbnb - Offers short-term lodging and rental services allowing individuals to book accommodations worldwide.
4. FedEx - Specializes in shipping, courier, and logistics services for businesses and consumers globally.
5. Spotify - Provides music streaming service offering access to a vast library of songs and podcasts.
6. Zoom - Offers video conferencing and collaboration services for remote communication and virtual meetings.
7. TaskRabbit - Connects users with skilled taskers for various errands and handyman services.
8. Zappos - Provides online retail services specializing in shoes and clothing with a focus on customer service.
9. Hulu - Offers subscription-based streaming TV services featuring a wide range of shows and movies.
10. DoorDash - Provides food delivery services connecting customers with local restaurants for convenient meal delivery.
11. Upwork - Online platform connecting freelancers with businesses for various services, including writing, design, and programming.
12. H&R Block - Offers tax preparation and advisory services to individuals and businesses during tax season.
13. Geek Squad - Provides tech support and repair services for electronics and appliances, on-site or remotely.
14. Thumbtack - Connects customers with service professionals for various tasks like home improvement, event planning, and more.
15. Grubhub - Facilitates food ordering and delivery services from local restaurants through an online platform.
16. Coursera - Offers online learning and educational services with courses from top universities and institutions worldwide.
17. BarkBox - Subscription service delivering monthly dog toys, treats, and accessories to pet owners.
18. Petco - Provides pet care services, supplies, and grooming for various pets in-store and online.
19. FreshBooks - Offers accounting and invoicing software for small businesses to manage finances and track expenses seamlessly.
20. MaidPro - Provides professional cleaning services for residential and commercial spaces, offering customizable and eco-friendly options.
4.STARTUP COMPANY:
A startup company is a new business venture or company typically founded by entrepreneurs to introduce innovative products or services.
Service-based companies are the ones that do not have a particular product but their primary business is to provide services. If we talk more clearly then they work for other organizations or have client-based products.
Example:
1. Uber - Transportation services
2. Airbnb - Lodging rentals
3. Spotify - Music streaming
4. TaskRabbit - Task assistance
5. Hulu - Streaming TV
6. DoorDash - Food delivery
7. Upwork - Freelance services
8. Thumbtack - Service professionals
9. Coursera - Online education
10. FreshBooks - Accounting software
11. MaidPro - Cleaning services
12. BarkBox - Pet subscriptions
13. Geek Squad - Tech support
14. Grubhub - Food ordering
15. Zappos - Online retail
16. FedEx - Shipping services
17. H&R Block - Tax services
18. Petco - Pet care
19. Zoom - Video conferencing
20. Accenture - Consulting services
Conclusion and salary:
the salary is based on the Industry, and skills, location. And the Information Technology is mainly target to provide a service to people or business.
