Multinational companies are becoming increasingly common in developing countries. What are the advantage and disadvantages of this?

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GROTH AND DEVLOPMENT IS THE ENGINE OF THE MORDERN WORLD. ELABLISHED MNC'S IN DEVLOPING NATION HAVE ITS PROS AND CONS. HERE I SHALL DISCUSS THE ADVANTAGE AND DISADVANTAGE OF UNUSUAL RISE IN THE MNC'S IN DEVLOPING COUNTIES.
TO BEGIN
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WITH, IMPROVED PRODUCTION AND ENHANCED SERVICES BY TECHNOLOGICAL UPLIFTMENT OF THE STATE VIA TRAINED MANPOWER MNC PROVIDES MONATORY REWARDS FOR THE LOCAL COMMUNITIES. WHAT IS MORE, MNC NOT ONLY EMPLOYE LOCAL TALENT BUT
ALSO
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PROVIDES CHANCE TO FLURISH SEVERAL ASOCIATED STATE OWNED COMPANIES.
SUCH
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AS, MOBILE OR A CAR COMPANY BUY ASSESORIES AND SPARE-PARTS FROM THE LOCAL VENDORS.
THUS
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, ON THE POSITIVE SIDE OF QUOTIDIAN RISE OF MNCs, IT RADICALLY BOOST THE LOCAL ECONONY. ON THE FLIP SIDE, CONCERNS ABOUT LOCAL MONEY DRAINAGE OUTSIDE THE COUTRY AND THE ABRUPT RISE OF LOCAL SMALL SIZE BUSINESSES, ADVERSELY IMPACT THE SOCIO-POLITICS OF THE CONCERN COUNTY. ADDITINALLY, THREAT ASSOCIATED WITH GIGENTIC EXPANSION OF MNC ALTER THE POWER DYNEMICS OF THE LOCALITY AS EVIDENT IN THE PAST WHICH DEMAND CHECKS AND BALANCES. TO PUT IT IN NUTSHELL, MNCs PREVELENCE IN THE UNDERDEVLOPLED NATIONS ENHANCES PODUCTION AND SERIVES SECTOS AND
ALSO
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CREATE NEW JOBS BUT TO AVOID THE GROWTH OF LOCAL SMALL BUSSINESS AND KEEP DEMOGRAPHIC THREAT AWAY, EXPANSION OF MNC IN COUNTY EQUALLY
WARRENT
Suggestion
WARRANT
THE REGULATORY INTERVENTIONS.

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Topic Vocabulary:
  • multinational companies
  • developing countries
  • job creation
  • unemployment rates
  • living standards
  • new technology
  • knowledge base
  • infrastructure development
  • exploiting
  • local workers
  • low wages
  • poor working conditions
  • negative impact
  • dominate
  • market
  • environmental degradation
  • sustainable practices
  • cultural homogenization
  • global brands
  • pervasive
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