Small businesses are disappearing and being replaced by large multinational companies. What are the advantages and disadvantages of this situation?

There is no doubt that the business market has a large incidence of local-scale companies

besides

the multinational ones. Despite the immense benefits of

this

competition, many small businesses are about to be disappeared totally and converted to little cosmopolitan companies. The

first

point to consider is why disassociation of small workplace can be of quiet drawbacks. The reason for

this

is that the local economy will lose indispensable productivity and passion can not be found in large-scale projects.

For example

, most local brands invest in the quality of the materials to build their clients' loyalty, despite building a fortune.

In contrast

, if there are no indigenous markets, many products may waste their traditional sense and privileges. The opposite point to be taken into account is how most multinational-based projects can appeal most of the clients either to work for or even purchase their services.

This

is because most customers prefer to avoid the hassle of trying a new, local service without any others' expectations.

For instance

, it is reported that most of

l

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the

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ocal dwellers of the city resort to doing shopping in well-known, sheer markets rather than the near, local ones.

Additionally

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,

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people always consider the value for money by fork out more for fewer products as long as they are multinational brands.

On the contrary

, If there is no multinational organizations within the country, myriad of clients will direct their attention outside the local economy at all to reap their required needs from more confidential work companies. To recap, despite a lot of drawbacks were reported on disappearing small companies,

this

also

may meet the needs of many clients who prefer the cosmopolitan associations to serve them.