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

In recent years, foreign organizations are being set up at a rapid rate in

third

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world countries.

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essay will discuss the merits and demerits of the aforementioned

occurence

an event that happens

occurrence

. The influx of international establishments has lead to an increase in investments, leading to employment opportunities, and helping boost innovation;

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is a positive development for the

country

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. There is an imminent problem with under-developed societies, in that they are regarded as "consumers" while the developed countries are the "producers"; with the establishment of international institutions, cultural practices and characteristics of the host

country

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can blend and benefit from the innovative nature of their developed counterparts.

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, companies like Coca Cola being set-up in a

country

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such

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as Nigeria, have aided in providing employment for the masses, as well as presenting solutions to certain societal issues through corporate social responsibility campaigns.

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, a demerit to be associated with

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, is the danger of losing traditions and intricate cultural values, due to merging of the different cultures.

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, a situation whereby the establishment increases the number of expatriates, resulting in a blend of cultures from constant interaction, can cause native residents of the

country

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to forget age old traditions in full embrace of the dominant party's culture. To summarize, foreign organizations aid the economy positively by providing

employemnt

the state of being employed or having a job

employment

opportunities and learning experiences, but can be detrimental to the traditions and history of the host society.