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

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

This

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

For example

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

such

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

Second

, in

this

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

, are

otherwise

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

also

adds to the

development

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

development

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

To begin

with,

although

an international brand unites nationally differentiated people on the basis of

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ame products made available to them, they,

however

,

also

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

development

led to

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

this

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

a

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lot of

land

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lands

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and creates huge amounts of pollution.

This

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

the

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

such

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,

this

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.