Many small businesses are being forced to close because they are unable compete with multinational corporations? What problems does this cause and how can problems be solved?

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Nowadays, small
business
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has become a part of middle-class or poor families due to
this
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kind of businesses they earn money and run their house. But the coming of big multinational in the market small businesses is being forced to shut down because
this
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business
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will not be able to compete with them. There are many problems with
this
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kind of situation, let's discuss
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this problems
Suggestion
this problem
these problems
and solution for
this
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.
Firstly
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,
This
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day's
business
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, whether it could be small or big it has become a part of many lives due to
this
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they generate a source of income. Since in the 21st century due to the vast development in a country, it has become difficult for smaller businesses to compete with big multinational companies. Small
business
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is a part of many poor life, whether it could be anything, like
business
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related to the making of water-bottle, pencils, rubber or things which are the basic needs of a house-hold. But now these businesses are being forced to close.
Secondly
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, due to coming of giant companies in the market it has caused lots of problems. Small businesses are facing lots of difficulties in selling of their products in the market due to
this
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their income is not generated and there are
also
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many other factors like demonising their businesses through political power and etc.
This
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kind of problems could be solved in many ways,
for example
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- 1) Big companies should tie up with small businesses as they can sell their products in our company and generate revenue in commission basis. 2) Big companies should promote by doing campaign for
this
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small
business
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, Like amazon is doing associate program
Lastly
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, to conclude, Big companies should
also
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give a chance to sell their products to them and they should always support them.
Submitted by jay tank on

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Answer the 'Problem and Solution' topic

Problem-and-solution essays fall naturally into two parts, the first describing and exploring the problem, the second setting out the solution or solutions.

You essay structure should look something like this:

  • Introduction
  • Body paragraph 1 – Problems
  • Body paragraph 2 – Solutions
  • Conclusion

Examples to start your body paragraph:

  • One of the first problems of the...
  • Another problem that needs to be considered...
  • A possible solution to this problem would be...
  • One immediate practical solution is to...

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Topic Vocabulary:
  • community character
  • multinational corporations
  • economic decline
  • monopoly
  • tax incentives
  • grants
  • buy local campaigns
  • niche products
  • personalized services
  • economic ecosystem
  • business partnerships
  • competitive advantage
  • consumer choice
  • market diversity
  • entrepreneurial spirit
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