In most countries multinational companies and their products are becoming more and more important. This trend is seriously damaging our quality of life. Do you agree or disagree?

These days multinational
companies
and their
products
are dominating the international markets. Even though their
products
have raised the standard and
quality
but they have created a huge impact on a local market.
However
,some
people
might say these
companies
and their
products
are damaging the
quality
of life but personally, I believe they are much beneficial for any country.
Firstly
, let us consider multinational
products
.
However
local
companies
provide good
quality
but still,they are incompetent to provide a diversity of
products
which we get in multinational
products
.
Last
year itself a multinational company launched 6 different flavours of facewash as they come to know few
people
are allergic to one particular flavour. Due to
this
kind of gesture,
people
started liking multinational
products
.
Instead
of spoiling the
quality
of life, these
products
are increasing the standard of life.
Secondly
, multinational
companies
help to raise the economy of the country where ever they set their factories. Some
people
still think that these
companies
force local
companies
to go out of business but that’s not true. A huge amount of raw material is required which they will get from the local country in turns which are going to boost the economy of that particular company. Apart from that, they are going to create mass employment which will help to reduce the unemployment index of the local county.
Moreover
, these
companies
are providing a high pay scale to their employees which helps
people
to fulfil their needs and desires. In conclusion, I believe that if the local government put proper rules and regulation on these multinational
companies
so that local
companies
should not get any harm. By doing so we can make most of the benefits from these
companies
without any disadvantages.
Submitted by saeedullah1814 on

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