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

It is irrefutable that today in many developing countries, multinational companies are becoming rapidly famous.
However
, these multinational companies have both pros as well as cons.
First
of all, the
first
and foremost advantage of these foreign countries has these working companies get a chance to expand their business in all over the world.
For example
, Google company is expanding almost all over the world.
Secondly
, many people get employment in these types of companies and get a chance to expand their knowledge with foreign colleagues.
As a result
, these kind of firm reduces the unemployment. What is more, the success rate is increasing in these firms as they have a link with foreign employees.
However
, there is a drawback of increasing number multinational companies, these companies apply their own strict rules of working hours for their own benefit to get results, sometimes people have to work for around 14 hours a day in these companies to meet deadlines.
This
creates huge pressure on people to work harder beyond their limits, which is
also
affecting their health mentally. One
such
example is, a report stated by New York times in 2011, In China many Chinese labours was committing suicide because of immense pressure to perform task longer hours from Apple corporation. In conclusion, though these multinational companies have more advantages, but companies should
also
take care of their employees as well as their working hours.

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Essentional vocabulary list for IELTS Writing 7+

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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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