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

#companies #countries

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he presence of global organizations in developing nations is becoming a common sight. While

this

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development is advantageous for youngsters because these companies generate a myriad of opportunities for them,

on the other hand

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this

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progress is creating a vulnerable situation for local businesses. One of the principal merits that the increasing number of global organizations delivers to progressing countries is that they provide numerous jobs for the native younger-generation. When an international business establishes itself in an under-developed nation, they hire local people to flourish their business because they are cheap resources and equipped with the desired knowledge of the local market, which results in a host of work opportunities for young people.

For example

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, according to a recent survey by the BBC, in India, foreign companies are generating 67% more jobs for youngsters compared to the Indian government.

On the contrary

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, the growing number of global companies in progressing nations is causing issues for native businesses. When foreign traders invest in local occupations, domestic businessmen do not have enough wealth to compete with them, which results in shutting down local shops and markets.

For instance

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, recent research at Oxford University stated that local shops are running out of money in various developing nations because of continuous up-gradation of their products in order to vie with foreign investors. To conclude, international organizations are growing in progressing nations, and they are becoming a common sight. Certainly,

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progress is helping youngsters to get an occupation because these companies generate many jobs.

In contrast

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, the major drawback of

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development is that they are ruining the native businesses.

Submitted by atul.axe on Thu Jan 07 2021

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For we to consider an essay structure a great one, it should be looking like this:

Paragraph 1 - Introduction

Sentence 1 - Background statement
Sentence 2 - Detailed background statement
Sentence 3 - Thesis
Sentence 4 - Outline sentence

Paragraph 2 - First supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 3 - Second supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 4 - Conclusion

Sentence 1 - Summary
Sentence 2 - Restatement of thesis
Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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6
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 6.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

267 words

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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

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

Fully explain your ideas

In some countries, it is possible to have a variety of food that has been transported from all over the world. To what extent do you think its benefits outweigh the drawbacks?

Online education is becoming increasingly popular. Many university students are choosing to study online instead of face to face. Do the advantages of distance education outwiegh the disadvantages?

Ambition is a positive quality for people to have in society today. How important is it for people who want to succeed in life? Is it a positive or negative characteristic?

Although the prices of fuels have greatly increased over the last decade or two, it is argued that further increases in fuel prices are the only way to reduce world consumption of fuel and lessen pressure on the world's fuel resources.