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

#companies #countries
The growing dominance of transcontinental business units in impoverished nations is a common trend these days. Various notable merits and demerits are associated with
this
 trend, which are elaborated in subsequent paragraphs. It is easy to comprehend why
this
 phenomenon is considered to be advantageous. The preponderant reason is that it not only brings employment, but
also
 improves the economy of the poverty-stricken country. If multinational companies set-up their footsteps in developing countries, these firms definitely recruit personnel who can work over there;
consequently
, unemployed youth will get a chance to work and the employment rate would drop significantly.
Besides
, for operating in necessitous realms, these foreign companies have to take license from the government of recipient nation and in return they pay an astronomical proportion of capital in the form of taxes; resultantly, the economy of underprivileged nation fosters. Despite these benefits, there are some surprising disadvantages of transnational firms. The inclination of global companies not only causes the downsizing of domestic market, but
also
 environment distortion. The local merchandise is unable to compete with international organizations because they provide better product in terms of quality, quantity and price. Who wants to purchase the local average quality item when one has the option to avail the international branded product at an affordable price?
Moreover
, being operated in developing countries, they utilize the natural resources of that particular country. After using natural resources, they throw the garbage in the open which end up with polluting the environment.
For example
, Ludhiana, a state of Punjab, is known as an industrial hub because an overwhelming majority of the industries are established here, and the environmental devastation is on its peak point. Conclusively, despite the fact, multinational firms are beneficial from employment and economic perspective, it has long-lasting damaging effect on domestic trade and atmosphere.
Submitted by japanjot109 on

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • Globalization
  • Multinational corporations (MNCs)
  • Foreign direct investment (FDI)
  • Developing economies
  • Infrastructure development
  • Capacity building
  • Cultural diversity
  • Sustainability
  • Corporate social responsibility (CSR)
  • Technological transfer
  • Economic disparity
  • Market saturation
  • Brain drain
  • Indigenous industries
  • Expatriate management
  • Trade imbalance
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