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

Most of the multinational companies are expanding in developing nations. While these companies are successful in generating employment opportunities but they are

also

responsible to create a toxic and discriminatory environment that can have adverse effects on their local employees. One evident benefit to set up multinational companies in developing countries is work that it can provide

to

Suggestion

for

for

being one more than three

four

people. In developing countries, there is a high rate of unemployment, people often do not find jobs to run their livelihood, without the existence of these companies, they might have remained unemployed. Perhaps the best example of

this

would be the Philippines, many global companies like Google, Facebook have outsourced their operational work to

this

little Island, and due to

this

setup, it has surged their employment rate resulting in the growth of the economy. The main drawback of

this

development is the negative environment it creates for local employees. It is commonly observed that global companies often implement policies that are biased and favour their national workers, they aim to limit their

expenditure

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expenditure, thus

thus

they provide fewer wages with no perks which have detrimental effects on them.

For example

, In Sri Lanka, locals working in Infosys get 70% less salary, unlike western countries, they are not entitled to maternity leaves or any extra payout.

This

shows how these companies exploit workers in poor nations. In conclusion,

although

multinational companies are doing good for poor nations by employing their

people but

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people, but

also

exploiting them for their profit.

Therefore one

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Therefore, one

should look at both sides.