Home | Welcome to Jawab!
 

Question

1 votes

Why Pakistani big companies don't go to international market?

Khawaja Naveed Haider | 10 years ago

Tags: Business 

Comments
big companies like??
Faiq Latifi | 10 years ago
 

Asked by: Khawaja Naveed Haider | 10 years ago | Answers: 4 | Views: 3325

Answers

2 votes

Hassan Ahmed | 10 years ago

Answered by: Hassan Ahmed | 10 years ago

Comments
Oh dats great... can you tell me their website i f they have any...?
And these memon seths are too good with their businesses... many major construction companies in Arab emirates are owned by them like Giga that is owned by Pardesi group... and if I'm not wrong i think A.R.Yaqoob is also Memon, not sure..!
Faiq Latifi | 10 years ago
gatronova.com
Hassan Ahmed | 10 years ago
thanx :)
Faiq Latifi | 10 years ago
yea business is in their blood ... they are like born entrepreneurs ...
Hassan Ahmed | 10 years ago
so true! :)
Faiq Latifi | 10 years ago

1 votes

Faiq Latifi | 10 years ago

Answered by: Faiq Latifi | 10 years ago

Comments
I know thats not expansion...buh ARY started off from Khi ...which supposingly a city witthin Pakistan... ;)
ummmm... on the other hand well I dn't think its 'unfortunate' that our big companies are lagging behind in operating outside Pakistan... the reason is for every company the first and basic aim or goal is to MAximize Shareholder's Wealth...how ever they do it... internationalizing the company is not the core purpose of any company (i suppose)... And if the company is successfully maximizing the SHW by operating in the home country, then i dnt think so they should opt internationalization until and unless opputunity is there... coz there are many risks involved when u go international... buh if u see you can cope up with the risks and can do better, then why not, definitely they'll internationalize...!!
Faiq Latifi | 10 years ago
I will quote example of Star bucks here .. You know for around 13 years, that company operated on break even. They were reinvesting all their profits and expanding within US. And go public only when they started expanding outside US. Maximizing shareholder's wealth is never the goal of successful corporations.
Nabeha | 10 years ago
Well thats an exceptional case... We are talking about corporations in Paksitan not others, why successful corporations in Pakistan don't go int'l... coz they are majorly concerned with wealth maximization not the expansion... and they are ok with it...!!
Faiq Latifi | 10 years ago
But they shouldn't be okay with it.. This is why multicorporations are eating us up
Nabeha | 10 years ago
Yeah they shudn't be buh here problem arises that is mentioned by Hassan... the Seth thingy.. the Pakistani businessmen are just into making money... and spending it only where they are sure they'll get the return... Kinda Selfish loacal giants we have!
Faiq Latifi | 10 years ago

1 votes

Nabeha | 10 years ago

Answered by: Nabeha | 10 years ago

Comments
The 'Seth Company Culture' of Pakistan is actually Disgusting ...
Hassan Ahmed | 10 years ago
true hassan.
kind of logical answer of faiq.
Khawaja Naveed Haider | 10 years ago
thanks naveed :)
Hassan what do you mean by the term 'Seth'?? :O
Faiq Latifi | 10 years ago
@ Faiq : refer to my answer
Hassan Ahmed | 10 years ago
ok :)
Faiq Latifi | 10 years ago

0 votes

Osama Afzal | 10 years ago

Answered by: Osama Afzal | 10 years ago