Small businesses are disappearing and being replaced by large multinational companies. Do the advantages of this outweigh the disadvantages?

It is generally acknowledged that large multinational organizations are forcing small companies to vanish and taking over their position in the
market
. While having a rising number of multinational companies has several potential benefits, personally, I believe, they are both outnumbered and outweighed by the demerits.
This
essay will examine the advantages and disadvantages of
this
phenomenon followed by my personal point of view. On the one hand, having more and more multinational corporations
instead
of small businesses has a number of merits; chief among them, the fact that they create win-win for interdependent countries due to the fact that the advantages that one side holds. Every country has unique resources of materials for production,
therefore
, multinational companies allow other countries' organizations to use their resources.
This
leads to having high-quality products at low prices resulting in satisfying consumers.
This
has been evidenced by numerous academic studies the latest of which is one published by the University of Sydney in 2018 concluding that multinational companies in Sydney use the power of reaching the resources all around the world which leads to efficient production.
Therefore
, they can decrease expenses by 50% by raising quality by 70%.
However
, small companies do not have that privilege.
On the other hand
, replacing the small businesses with multinational organizations has innumerable undeniable disadvantages, the most detrimental of which is losing the cultural identity due to the fact that small ventures carry nations' cultural values the future. Having an increasing number of multinational companies creates oligarchy in the
market resulting
Accept comma addition
market, resulting
in losing the niche
market
which is held by small businesses.
This
leads to sharing the same culture with other countries as everybody uses the same type of products. As a consequence, individuals tend to forget their own cultural identity by not using specific products. According to the latest statistics released by the National Heritage of Russia in 2019, the younger generation has never heard of the Matryoshka dolls, as the small businesses were shut down due to the competition with large multinational companies before they were born. Nowadays, only 5% of small companies are producing the doll and they are struggling to sell the young as they do not know the culture. In conclusion, whereas having more multinational companies in the
market
has several advantages
such
as producing high quality-low price items, they are undoubtedly eclipsed by the demerits which are losing the niche
market
products and having the generation who does not know their roots.

Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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