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

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

this

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

on the other hand

this

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

, 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

, 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

, 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,

this

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

In contrast

, the major drawback of

this

development is that they are ruining the native businesses.

Submitted by atul.axe on Thu Jan 07 2021

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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

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6Linking words
meeting the goal of 7 or more
0Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

267 words

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

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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

Many people today are worried about the large quantities of waste produced by ordinary households. What problems are caused by household waste, and what solutions may be possible in both the short and the long term?

It is more important for schoolchildren to learn about local history than world history. To what extent do you agree or disagree?

In many countries today, if people want to find work, they have to move away from their friends and families. Do the advantages of this development outweigh the disadvantages?

In many countries, children are engaged in some kind of paid work. Some people regard this as completely wrong, while others consider it as valuable work experience, important for learning and taking responsibility.