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

There is a current trend marking the upward trajectory of the ubiquity of multinational organizations in nations that are still developing. As discussed ahead, the phenomenon does proffer some advantageous features, but it entails a couple of losses simultaneously. Merits

first

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! One, a person is called truly global when he/she can have easy access to worldwide products.

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requirement is fulfilled by multinational corporations because they take an international entity to a number of countries.

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, a product that has its genesis in America, when reaches developing countries,

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as India and Pakistan, adds to their globalization as well as modernity indices.

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, in

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era of increasing populations in still-developing countries, an M.N.C. bestows their populace with plenty of employment opportunities, which, owing to their

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development

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, are

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scarce. Not only does increased employment benefit the people, but it

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adds to the

development

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of the country. After the establishment of 3 multinationals in Nepal in 2006, its national happiness index (a national statistical

development

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parameter) has set new records every single year till now. But the negatives are no less potent.

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with,

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an international brand unites nationally differentiated people on the basis of

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ame products made available to them, they,

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,

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result in the extinction of indigenous products and companies. In India, when international toothpaste brands, entering the territory more than a decade ago, had dominated the dental market in 2017, the

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led to

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ecimation of a national twigs manufacturing unit by the end of the subsequent year. Adding to

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regional-brands-superseding bane is the environmental curse. No company can run without offices, mills, and factories, can it? So as one company becomes multinational and enters developing countries, which, of course, are well-known for their cavalier environment-improving

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, it takes a

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lot of

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and creates huge amounts of pollution.

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problem, indeed, is extremely hazardous, and, whereas the

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companies and the governments do profess that environmental safety is their primary concern, it takes no genius to declare

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claims mere greenwash if one considers the rise in carbon dioxide levels in almost all countries that have been boastful of their multinational-corporation projects and successes. Encapsulating the whole,

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can be stated that multinational companies are both benefitting and harming the developing countries they are venturing into. If states were to really have only the positive globalization and employment benefits, they would need to make certain both the curbing of the undue exploitation and vanishing of the regional products and brands and the presence of environment-friendly work policies.