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

#companies #countries
Multinational companies (MNCs) are companies that have business activities in more than one country. They are becoming increasingly common in developing countries.
Although
 multinational companies have their merits on countries where they are set up and their people, they have
although
 demerits on the
both
. In the following lines,
both
 the positives and negatives of MNCs will be thoroughly discussed.
To begin
 with, the multinational companies have myriad merits. Multinational companies allow counties to purchase imports. The issue of economic development in non-developed countries is an overall lack of resource access.
For example
, what is available to the average consumer in the United States is very different when compared to what is accessible in
country
Suggestion
countries
a country
the country
 like Somalia. When multinationals build a presence in
developing world
Suggestion
the developing world
, their capital inflows help countries have more access to the
import
/ export market. That allows them to access better goods, create more opportunities, and eventually raise the standard of living for everyone.
Thus
, multinational companies serve
both
 the countries and their people.
On the other hand
, despite the merits previously mentioned, multinational companies have their demerits. Multinational companies
import
 skilled
labor
a social class comprising those who do manual labor or work for wages
labour
. The amount of time necessary to create local skills
that
is measured
Suggestion
are measured
 in years, not weeks or months. Multinationals invest in local workers to develop their skills, but they
also
 need to get their venture
of
from a particular thing or place or position
off
 the ground quickly. Most companies in
this
 position will
import
 the skied
labor
a social class comprising those who do manual labor or work for wages
labour
 they require from other counties to meet their needs. As evidence, MNCs in India
import
 skilled
labor
a social class comprising those who do manual labor or work for wages
labour
 from other countries.
This
 means the best jobs are given to people who don`t live in the local economy. Having shown
both
 aspects of multinational companies, it can be concluded that the multinationals have their merits and demerits. It is expected that multinational companies will be trying to achieve balance between their economy and local economy.
Submitted by mno 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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