Multinational companies are becoming increasingly common in developing countries.what are the advantages and disadvantages

Gradual increase in operations of multinational
companies
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within developing nations. In
this
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essay we will be discussing the pro’s and cons of
this
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development.
However
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, I believe that advantages outweigh the drawbacks. While critics argue that increase in multinational
companies
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are having a detrimental impact on one’s nation. As, they often believe that major stakeholders in the company are foreigners which will turn their nation totally foreign dependent even though the employees are mostly local.
Furthermore
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, People tend to agree that creation of multinational
companies
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disturb the culture of that
region
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with their foreign influence.
For Example
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: - A recent article in a local newspaper compared the dressing of people 15 years prior to MNC’s in their
region
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.
However
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, I believe that there are more positive attributes than the drawbacks associated with the creation of multinational
companies
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. Since, these
companies
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operate within the jurisdiction and laws of the host
country
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they are majorly required to hire local applicants which creates jobs within that
region
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of development.
This
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eventually reduces the unemployment rate of that community and increases the living standards of the people.
Also
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, it directly promotes expenditure power within that
region
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and attracts more foreign Investment. When there are more MNC’s in the
country
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the economic condition of that
country
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develops due to the Tax generated from it which indirectly helps in the development of Infrastructure and many other projects sponsored by the government.
Moreover
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, Any major MNC in a foreign
country
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is bound to share, transfer technology to the host
country
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which is another positive attribute as it helps the host
country
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to learn and develop from it.
For Instance
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:- Russia's MNC created jobs and transferred technology with Ukraine 10 years earlier but till date Ukraine reaps the benefits of that deal by creating jobs and enhancing the manufacturing unit of the
country
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with the technology transfer deal. In Conclusion,
this
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essay highlights the pros and cons of gradual increase of multinational
companies
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in developing nations.
However
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, I believe that having more multinational
companies
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is a positive attribute and it definitely outweighs the drawbacks associated with it.

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...
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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