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

Multinational companies have become very popular business in most of the developing countries.
Although
this
businesses
Suggestion
business
has its merits on
growing economy
Suggestion
a growing economy
, It has its demerits as well as it drains the growing countries natural resources.
This
essay will discuss both sides regarding
this
issue. Due to the increasing need of high quality products
,
Accept space
,
Multinational companies tend to expand their businesses around the globe.
As a result
, Myriad job opportunities have become available for the
unemployed which
Accept comma addition
unemployed, which
helps them to cover the cost of living and
also
improving their work/life balance.
Subsequently
the growing countries can achieve flourishing economy and rising living standards.
For instance
, Large companies like Apple in the US have its plants in China which offer numerous work opportunities
.
Accept space
.
Therefore employees
Accept comma addition
Therefore, employees
can gain great experience and appropriate skills.
Nevertheless
, Despite the merits mentioned previously, Multinational companies have its negative effects
such
as, Exploiting
laborers
someone who works with their hands; someone engaged in manual labor
labourers
in the developing
countries making
Accept comma addition
countries, making
them work for extra hours to achieve high targets with low wages compared to the employees in home countries.
Moreover
, These companies buy raw materials from the developing countries at a very low
prices
Suggestion
price
compared to its value. As evidence, Luxury brands in France like, Louis Vuitton buy their crocodile skins from South American countries in the Amazon region for a cheap
prices
Suggestion
price
to manufacture high-end leather goods at a very expensive prices.
Thus these
Accept comma addition
Thus, these
multinational companies benefit from lowering their expenses and gaining a huge
profits
Suggestion
profit
. In conclusion, I believe that Multinational companies have both positive and negative impacts. Decreasing of unemployed burden one of the most significant
merits
Suggestion
merit
.
however exploitation
Accept comma addition
However, exploitation
However exploitation
of developing
countries
Suggestion
country's
countries'
resources should be considered
also
.
Submitted by mno on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

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
What to do next:
Look at other essays: